United Kingdom: Competition and Markets Authority opened consultation on draft rules on strategic market status levy under Digital Markets, Competition and Consumers Act

On 5 June 2025, the UK Competition and Markets Authority (CMA) opened a consultation on draft Strategic Market Status (SMS) Levy Rules under Section 110 of the Digital Markets, Competition and Consumers Act 2024, until 3 July 2025. The Act grants the CMA powers to charge a levy to firms designated with SMS. The draft rules outline the proposed methodology for calculating the costs incurred in exercising digital markets functions (qualifying costs) and how to apportion the levy among SMS firms (allocation methodology). The rules also cover the legal basis and invoicing process. The CMA seeks feedback on its proposed approach and draft rules.