UK’s Big Tech regulator ‘to boost switching, cut killer acquisitions’

Just over a year after launching a dedicated unit focused on digital markets inside the national competition watchdog, the UK government has put some meat on the bones of what this new Big Tech regulator will focus on — including confirming it will have the ability to levy fines of up to 10% of global annual turnover if platform giants fail to comply with tailored codes of conduct.
However the government still hasn’t confirmed exactly when it expects to legislate to empower the Digital Markets Unit (DMU) — saying only that it will introduce legislation to put it on a statutor

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