Digital markets legislation ‘a recipe for disaster’
19 September 2023
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Digital Overload: How the Digital Markets, Competition and Consumers Bill’s sweeping new powers threaten Britain’s economy, a new paper co-authored by IEA Director of Public Policy and Communications Matthew Lesh has been featured in City AM.
The piece read:
“Proposed legislation to regulate digital markets is a “recipe for disaster” and risks spooking tech companies by handing Britain’s competition watchdog unbridled power, according to a new paper by the Institute of Economic Affairs (IEA).
“The UK regulator, the Competition and Markets Authority (CMA), is “being given extreme powers without accountability,” claims Matthew Lesh, author of the paper and director of public policy and communications at the IEA.”
Read the full piece here.
The piece read:
“Proposed legislation to regulate digital markets is a “recipe for disaster” and risks spooking tech companies by handing Britain’s competition watchdog unbridled power, according to a new paper by the Institute of Economic Affairs (IEA).
“The UK regulator, the Competition and Markets Authority (CMA), is “being given extreme powers without accountability,” claims Matthew Lesh, author of the paper and director of public policy and communications at the IEA.”
Read the full piece here.
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