In this paper we consider the proposals in the UK for regulation of the most powerful digital firms. We examine some key areas of debate and possible trade-offs that must be considered in setting up and implementing such a regime. This includes: the test for deciding which firms are within scope of the regime; whether the rules imposed by the regulator should be common across all regulated firms or bespoke; and whether and how efficiencies should be considered.
By Adam Cellan-Jones & Dr. Je
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