U.K. cloud market under scrutiny for competition concerns
The U.K.’s communications regulator Ofcom has referred the public cloud infrastructure market to the Competition and Markets Authority (CMA) for further investigation, following a yearlong study. In a report, Ofcom said it found evidence of “features that could limit competition” among the major cloud providers, particularly Amazon and Microsoft. The report identified several common features […]
Competition and Markets Authority unveils principles for responsible AI
The U.K.’s Competition and Markets Authority (CMA) has set out seven principles to guide the development and deployment of foundation models, a type of artificial intelligence (AI) system that is used to create many generative AI use cases. CMA’s guidelines encompass seven fundamental principles for companies engaged in building foundation models. They emphasize accountability, ensuring […]
U.K. regulator blocks Microsoft’s $69 billion acquisition of Activision Blizzard
Microsoft’s proposed $69 billion acquisition of Activision Blizzard has been blocked by Britain’s antitrust authority. The regulator expressed worry that the transaction will stifle competition in cloud gaming. Microsoft has already pledged to providing top cloud gaming platforms with access to Activision’s multibillion-dollar Call of Duty brand, but the regulator found this insufficient to meet […]
U.K. to impose heavy fines on Big Tech companies for anti-competitive behavior
The U.K.’s Digital Markets Unit (DMU) will be given more authority under proposed legislation that could fine Big Tech companies up to 10% of their revenue for anti-competitive behavior under the Digital Markets, Competition, and Consumers (DMCC) bill. The measure would authorize the DMU, which is part of the Competition and Markets Authority (CMA), to […]
U.K. Government Set Out To Curb Big Tech Powers With New Rules
The U.K. government is working on several rules that will help curb the excess powers that lie in the hands of large technology platforms. The new Digital Markets Unit (DMU) will be empowered to investigate and ensure that technology platforms comply with the established rules. The rules will promote competition, and violations of these rules […]
Regulators Team Up To Break Big Tech Monopolies
Three major state regulators have signed a pact to prevent mergers that harm competition, particularly in the technology sector. Competition watchdogs such as the Australian Competition and Consumer Commission (ACCC), the UK Competition and Markets Authority (CMA) and the Federal Cartel Office (Bundeskartellamt) are working together to support an “effective” merger regime designed to prevent […]
