Digital disruption
Penrose review of competition policy-digital proposals form part of the recipe-book
23 February 2021 - Emma Keeling
Review reforms The UK Government commissioned John Penrose MP to undertake an independent review of UK competition policy last September. Penrose was specifically tasked with looking at potential reforms to the UK’s competition regime in the context of Covid-19 and, with the end of the Brexit transition period, the emergence of the UK as an › Read More
UK Competition and Markets Authority refreshes digital markets strategy
10 February 2021 - Dominic Long
Since the UK’s Competition and Markets Authority (CMA) published its Digital Markets Strategy in 2019 (see our alert on its 2019 priorities) it has completed many of the priority tasks it had assigned itself – including conducting a market study on online platforms and digital advertising and leading a digital markets taskforce which recommended a › Read More
06 January 2021 - Dominic Long
On 15 December the European Commission (EC) published its draft Digital Markets Act (DMA), which will introduce broad reforms to the application of EU competition law to ‘gatekeepers’ in the digital sector. The proposals set out in-principle criteria for companies that offer ‘core platform services’, which, if met, raise the rebuttable presumption that the company › Read More
The Digital Services Act package is here
04 January 2021 - Frits Gerritzen
On 15 December 2020, the European Commission published its Digital Services Act package which proposes two pieces of legislation: the Digital Services Act and the Digital Markets Act. This package will profoundly change the way companies offer and use digital services in the EU. It affects not just large online “gatekeeper” platforms but impacts the › Read More
Consortia for digital innovation: building new business models
16 December 2020 - Nigel Parker
In today’s digital economy, rather than doing it alone, many organisations are finding that collaboration is a faster route to driving innovation or building new business models. Alongside the more common arrangements for M&A, minority investing or strategic alliances, we are increasingly seeing a rise of consortia as a preferred route to bring together parties › Read More
UK Taskforce recommendations map out a new regulatory regime for digital firms
15 December 2020 - Emma Keeling
Last week, the UK Digital Markets Taskforce published its recommendations to the UK Government on the possible design and implementation of a new regulatory regime to govern the behaviour of digital firms with market power. The recommendations cover which firms should fall within the scope of the new rules (ie what amounts to “Strategic Market › Read More