A Digital Markets Unit will stifle digital innovation and investment
12 July 2022
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Press Release
Monetary Policy
Lifestyle Economics
15 November 2024
IEA Research discussed in City AM
IEA research on the proposed Digital Markets Unit (DMU) has been discussed in City AM.
The paper, authored by IEA Head of Regulatory Affairs Victoria Hewson, argues that the DMU, which will be based within the Competition and Markets Authority and charged with regulating digital competition, will discourage investment and damage competition.
Victoria commented:
“Instead of trying to micromanage successful businesses the government should be addressing the barriers to entry faced by challenger firms from regulations like the GDPR.”
Read the full article here.
The paper, authored by IEA Head of Regulatory Affairs Victoria Hewson, argues that the DMU, which will be based within the Competition and Markets Authority and charged with regulating digital competition, will discourage investment and damage competition.
Victoria commented:
“Instead of trying to micromanage successful businesses the government should be addressing the barriers to entry faced by challenger firms from regulations like the GDPR.”
Read the full article here.
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