Clifford Chance
Digital Markets, Competition and Consumers Bill
8 August 2023
In May 2023, the UK Government published the Digital Markets, Competition and Consumers Bill. Through the Digital Markets Unit, the Competition and Markets Authority will have new powers to regulate digital markets and the firms active within them. The Bill also proposed new powers to impose large fines for breaches of consumer protection laws, as well as certain changes to competition laws. This article explores the key aspects of the Bill and summarises the important points for dealmakers to bear in mind.
This article was first published by Thomson Reuters, trading as Sweet & Maxwell, 5 Canada Square, Canary Wharf, London, E14 5AQ in the European Competition Law Review as "Digital Markets, Competition and Consumers Bill" in (2023) 44 E.C.L.R., Issue 8 pages N-194-N-196 and is reproduced by agreement with the publishers.
