A PYMNTS Company

UK: Gov hires US Pro to advise on digital competition

By  |  August 6, 2018

The UK government has appointed former US presidential economic advisor Jason Furman to lead an expert panel on digital competition, which may complement the Competition and Markets Authority’s (CMA) new data unit that is set to launch this month.

The panel will look at competition in the digital economy and how technological progress can be squared with the protection of privacy and society at large.

Furman served as chair of the US Council of Economic Advisers between 2013 and 2017 and is currently a professor of economic policy at Harvard Kennedy School in Cambridge, Massachusetts.

“His experience will be invaluable as we ensure that our market-regulating institutions are fit for purpose in the digital age,” British finance minister Philip Hammond said.

Full Content: Business Insider

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.