UK watchdog to oversee Facebook and Google

Alok Sharma
Business Secretary Alok Sharma Credit: No10 flickr

THE British Government has decided to launch the Digital Markets Unit (DMU) as part of the Competition and Markets Authority (CMA) in order to create and oversee a new code of practice for digital platforms.

This new watchdog which will go live in April of next year intends to keep a close eye on Facebook and Google in order to ensure that smaller companies and consumers are not adversely affected by these and similar giant tech corporations.

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There will also be an attempt to support the news industry by reviewing the relationship between publishers and platforms.

Business Secretary Alok Sharma said: “Digital platforms like Google and Facebook make a significant contribution to our economy and play a massive role in our day-to-day lives – whether it’s helping us stay in touch with our loved ones, share creative content or access the latest news.

“But the dominance of just a few big tech companies is leading to less innovation, higher advertising prices and less choice and control for consumers. Our new, pro-competition regime for digital markets will ensure consumers have choice, and mean smaller firms aren’t pushed out.”

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