Digital Markets, Competition and Consumers Act receives Royal Assent

UK — Dept. for Science, Innovation & Technology · 2024-05-24 · UK · verified record

Themes: Consumer protection · Online marketplaces · Online platforms · Search services

Ecosystems: UK Digital Markets (DMCCA)

Digital Markets, Competition and Consumers Act receives Royal Assent The Digital Markets, Competition and Consumers Act has become law after receiving Royal Assent. - The Act will give the UK’s competition regulator tools to stop technology businesses with strategic power from misusing their position to disadvantage competitors and consumers. - The law will also create penalties for traders that break consumer protection law and allowing the Competition and Markets Authority to enforce consumer law directly. - Under the rules, it will be easier for consumers to manage subscriptions by providin

Digital Markets, Competition and Consumers Act receives Royal Assent The Digital Markets, Competition and Consumers Act has become law after receiving Royal Assent. - The Act will give the UK’s competition regulator tools to stop technology businesses with strategic power from misusing their position to disadvantage competitors and consumers. - The law will also create penalties for traders that break consumer protection law and allowing the Competition and Markets Authority to enforce consumer law directly. - Under the rules, it will be easier for consumers to manage subscriptions by providin…

Source content © UK — Dept. for Science, Innovation & Technology — served per the publisher's reuse terms. Vellum metadata & summary © Vellum AI Group Ltd. Reuse & rights.