Client Alert: UK Competition’s Watershed Moment: Sweeping Digital, Competition and Consumer Consumer Reforms Will Give the UK CMA Significant Additional Powers
The UK Government’s Digital Markets, Competition and Consumers Bill has been introduced to Parliament as the first formal stage of its journey to becoming UK law. As well as significantly bolstered competition and consumer powers for an already powerful UK Competition and Markets Authority, the Bill will give the CMA’s Digital Markets Unit targeted powers to administer a new digital regime for the largest tech companies, including the mandatory pre-closing reporting of significant M&A deals with a UK nexus.
Contributor(s)
Sr. Knowledge & Practice Development Counsel
More from the WorthWeil Antitrust Blog
Copyright © 2024 Weil, Gotshal & Manges LLP, All Rights Reserved. The contents of this website may contain attorney advertising under the laws of various states. Prior results do not guarantee a similar outcome. Weil, Gotshal & Manges LLP is headquartered in New York and has office locations in Boston, Brussels, Dallas, Frankfurt, Hong Kong, Houston, London, Miami, Munich, New York, Paris, Shanghai, Silicon Valley and Washington, D.C.