“Digital Regulator Must Have Power To Force Google & Facebook To Pay For News” Says CMA
The new digital regulator must have tough legal powers to force tech giants like Google and Facebook to pay news organizations fairly for content, the UK’s competition watchdog stated on Tuesday, April 13.
Daniel Gordon, from the Competition and Markets Authority (CMA), told peers that a planned code of conduct for online platforms was “necessary” to protect the interests of newspapers, websites and advertisers due to Google and Facebook’s online dominance.
Facing the Lords’ Communications and Digital Committee in the afternoon, he said that the UK needed a beefed-up version of a code introduced in Australia earlier this year, and could also look at examples from other countries including Germany.
A code of conduct introduced Down Under sparked a furious row as Facebook cut access to websites including MailOnline rather than pay fairly for content.
It prompted accusations of bullying before the Australian government backed down and softened the law.
The UK’s new regulator, the Digital Markets Unit, is expected to get legal power to suspend, block, or reverse anti-competitive action by tech giants in a bid to create a level playing field for news publishers and other digital businesses.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UK Probes Lindab’s Acquisition of HAS-Vent Amid Fears of Market Monopoly
Apr 28, 2024 by
CPI
Shein Faces EU Regulations Over User Data
Apr 28, 2024 by
CPI
Google Fights Back Against US Antitrust Lawsuit
Apr 28, 2024 by
CPI
US Homeland Security Establishes Blue-Ribbon Board with Tech CEOs to Advise on AI
Apr 28, 2024 by
CPI
FTC Accuses Amazon Executives of Using Disappearing Messaging Apps to Conceal Evidence
Apr 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI