The UK is establishing a new regulatory regime for the most powerful digital firms. The goal is to promote greater competition and innovation in digital markets. The framework will be overseen by the Digital Markets Unit, which has already been established in the CMA.

The UK government has recently consulted on the detailed design of the framework, and legislation is expected to follow.  “The detail matters if the ambition is to be realised, so we’re planning a workshop on this topic. We’d like to explore what features the framework should adopt if it is to be effective in opening digital markets to greater competition, adaptable to the different business models of different digital platforms, and not so prescriptive as to constrain innovation, “ IIC UK Chapter says.

“The event is being hosted by Frontier Economics, to whom we are very grateful. This will be the first face-to-face event that we have organised since the pandemic started, and we’re looking forward to having the type of interactive discussion that is difficult to have virtually.  We do want to take some basic precautions, so that you are comfortable attending. We therefore ask that all attendees have either completed a course of vaccination or taken a lateral flow test during the 24 hours before the event.”