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UK's Antitrust Regulator Tests New Powers Targeting Google
GOOGAlphabet(GOOG) PYMNTS.com·2025-01-14 23:35

Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce sanctions. The newly introduced Digital Markets, Competition and Consumers Act (DMCC) closely aligns with the European Union’s Digital Markets Act, sharing similar powers and obligations.The primary goal of the DMCC is to equip regulators with enhanced tools to scrutinize the activities of major tech companies like Google, Amazon and Meta. T ...