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ARTICLE · 10 JUNE 2024

Digital Markets Competition Regime: DMCC Act Now Published

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The final text of the Digital Markets, Competition and Consumers Act 2024 (the "DMCC Act") was published yesterday. This Act, which received royal assent on 24 May 2024 as part of the pre-election ‘wash up' process...

United KingdomAntitrust/Competition Law
Francion Brooks
Francion Brooks

The final text of the Digital Markets, Competition and Consumers Act 2024 (the "DMCC Act") was published yesterday. This Act, which received royal assent on 24 May 2024 as part of the pre-election 'wash up' process, introduces the most significant changes to competition law for over 20 years including a new digital markets competition regime, changes to merger control, changes to the application of competition law and the powers of the CMA, as well as various changes in the realm of consumer law too.

The vast majority of the provisions of the DMCC Act will only come into effect once Regulations are made by the Secretary of State. This is expected to be one of the first tasks for the new Secretary of State following the General Election and the Regulations should be passed in the Autumn later this year (although the new rules on foreign ownership of newspaper mergers are already in force, and the rules on energy network mergers will come into force on 24 July 2024).

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