UK government launches new tech watchdog – because the digital sales tax went so well
The UK's Department for Digital, Culture, Media and Sport (DCMS) today launched its Digital Markets Unit (DMU) watchdog, which aims to regulate large online platforms like Google and Facebook, and create rules governing their conduct with users and advertisers.
First announced last November, the DMU is based in the Competition and Markets Authority (CMA), which already regulates the activities of the tech sector, particularly with respect to mergers and acquisitions. DCMS described the body as part of a "pro-competition" regulatory regime, and has been tasked with improving competition, giving customers "more choice and control" over their data, and intervening in unfair practices.
The DMU has already started operations while it waits to be granted statutory powers by law. Or, put plainly, it's toothless until Parliament says otherwise.
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