United Kingdom: Introduced Digital Markets, Competition and Consumers Bill including consumer protection authority governance

On 25 April 2023, the Digital Markets, Competition and Consumers Bill was introduced in the UK House of Commons. The Bill would give new powers to the Competition and Markets Authority (CMA) and its Digital Markets Unit to promote and address anti-competitive practices in digital markets. In particular, the Bill would change the competition framework to allow streamlined decision-making regarding mergers and fine thresholds. Furthermore, the Bill would give the CMA additional powers enabling it to issue sanctions to entities that fail to comply with investigations and remedies. Finally, the Bill would enable the CMA to cooperate with competition authorities from other jurisdictions and disclose information related to domestic investigations.