Apr 7, 2021
Google, Facebook and Amazon face new UK regulator
A new regulator aiming to curb the dominance of tech giants has started work in the UK. The Digital Markets Unit will first look to create new codes of conduct for companies such as Facebook and Google and their relationship with content providers and advertisers. The new unit will be based inside the Competition and Markets Authority. The DMU's first job will be to think about codes of conduct to govern the relationships between the tech firms and their users, whether that is small businesses wanting to advertise or news organisations looking to distribute their journalism. Between them, Facebook, Google and Amazon control the lion's share of digital advertising revenue. The new regulator will have to wait for such codes to be put into law.
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