UK creates new agency to regulate Big Tech

The UK is considering setting up a new agency to regulate large tech companies like Google and Facebook. From April 2021, the new Digital Markets Unit (DMU), which will be part of the country’s current Competition and Markets Authority (CMA), will apply a code that will set new limits on the largest platforms. -technological forms, as well as to create a level playing field for smaller rivals.

While the code has yet to be introduced, it will be designed to give consumers more control over their data and remove restrictions that make it difficult to use competing platforms. It can also give people the flexibility to decide if they can be personalized for advertising. To enforce the code, the DMU will have the power to block and reverse decisions made by big tech companies. If they do not follow his directions, he will also have the power to fine them.