Law360, London (April 8, 2021, 1:39 AM BST) -- The U.K.'s competition enforcer said Wednesday that its new unit focused on digital markets has started work on rules for large technology companies like Facebook and Google aimed at cracking down on unfair practices and promoting competition online.
The Competition and Markets Authority said in a statement that its Digital Markets Unit has begun its first project, laying the groundwork for a code of conduct covering dominant platform companies. The U.K. government announced the unit in November in response to CMA recommendations from a study finding that new regulations were needed to rein in tech giants with large market shares, particularly in...
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