Digital Markets, Competition And Consumer Bill Introduced Before Parliament

The Digital Markets, Competition and Consumer Bill (DMCC Bill) has now been published and introduced before Parliament. This Bill is long awaited, having been delayed by parliamentary priorities and timing considerations. Its scope and implications are wide-ranging, and follow on both from a previous consultation on changes to the UK competition and consumer protection regimes, and proposals for a new pro-competition regime for digital markets. The key reforms which the Bill intends to bring about include:

• Implementing the UK's new digital markets regime, which will see the most powerful technology firms with strategic market status having their conduct regulated by the CMA and being subject to a new mandatory merger reporting requirement;