UK Introduces Flagship Digital Markets, Competition and Consumers Bill
In brief
The UK Government published on 25 April 2023 its long-awaited Digital Markets, Competition and Consumers Bill (“Bill“). The Bill introduces radical new digital sector regulation – akin to the EU’s Digital Markets Act (DMA) – in addition to expanding the UK Competition & Markets Authority’s (CMA) consumer protection powers and introducing significant reforms for the UK competition regime. The CMA has stated that the Bill “has the potential to be a watershed moment in the way we protect consumers in the UK and the way we ensure digital markets work for the UK economy, supporting economic growth, investment and innovation.” This briefing provides an overview of the key issues affecting digital markets, the UK competition law landscape and UK consumer protection law.
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