Tech Turmoil: Does the Digital Markets Bill Threaten Britain’s economy?
The paper focuses on the extensive new powers given to the Competition and Markets Authority (CMA) to tackle alleged anticompetitive practices in digital markets by the DMCC Bill.
These powers threaten to undermine investment in the UK digital sector and associated innovation because of cumbersome, unclear and ever-changing rules – along with a lack of accountability. Firms may seek to minimise the risk of falling afoul of the new regime and incurring hefty fines and stringent remedies, meaning the UK’s position as a ‘science and technology superpower’ will be undermined.
Panellists:
Matthew Lesh (Chair)
Stephen Hammond (MP for Wimbledon)
Matt Sinclair (Senior Director at the Computer & Communications Industry Association)
Verity Egerton-Doyle (Antitrust & Foreign Investment Counsel at Linklater)
Dirk Auer (Director of Competition Policy International Centre at Law and Economics)