Regulatory Policy Committee
Details
The Bill gives the Digital Markets Unit within the Competition and Markets Authority powers to implement pro-competitive interventions, including conduct requirements and additional merger requirements relating to firms with significant (digital) market power.
The IA is fit for purpose; green-rated.
The Bill overall proposes a package of competition and consumer rights reforms intended to update the competition law system and ensure that consumer rights and the civil mechanisms for their enforcement on behalf of consumers, keep pace with the digital innovation. The RPC opinion (red rated) on the IA for the bill overall can be found here.