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ARTICLE · 28 JUNE 2024

Competition | UK Regulatory Outlook June 2024

Osborne Clarke LLP
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The Conservative and Labour parties' manifestos for the 2024 UK general election omit the Digital Markets, Competition and Consumer Act 2023. The Act, effective May 2024, brings substantial changes to digital markets and competition regulation, unaffected by the election outcome.

United KingdomAntitrust/Competition Law
Simon Neill
Simon Neill
Katherine Kirrage
Katherine Kirrage
Marc Shrimpling
Marc Shrimpling
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UK general election 2024: competition aspects | UK general election 2024: competition aspects | Digital Markets, Competition and Consumer Act

UK general election 2024: competition aspects

The two main political parties (Conservative and Labour) competing to win in the general election on 4 July 2024 have published their manifestos.

Neither manifesto mentions the Digital Markets, Competition and Consumer Act 2023 (DMCCA), which became law under the current Conservative government on 24 May 2024, but which had received strong cross-party support; indeed Labour had supported proposed amendments that would have given the CMA more interventionist digital market powers. As a result, regardless of the next government, the DMCC will bring in the significant changes to both digital markets and competition regulation over the coming months and years.

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