Uk's cma calls for new regulatory regime to tackle google, facebook's market power
Uk's cma - is calling on government to introduce a new pro-competition regulatory regime to tackle google and facebook's market power.cma - concerned that google and facebook developed such "unassailable market positions" that rivals can no longer compete on equal terms.uk's cma - recommendation to government on tech companies is result of a year-long examination of markets.cma - recommending new pro-competition regulatory regime to govern behaviour of major platforms funded by digital advertising, like google, facebook.cma - found that newspapers are reliant on google and facebook for almost 40% of all visits to their sites.cma - working with ico and ofcom, cma is formally launching a digital markets taskforce.cma - proposed within new regime 'digital markets unit' to have ability to order facebook to increase interoperability with competing platforms.cma - proposed new regime should have ability to order google to open up click, query data to rival search engines.cma - proposed within new regime a 'digital markets unit' to have ability to restrict google's ability to secure place as default search engine.cma - proposed within 'digital markets unit' to have ability to order separation of platforms where necessary to ensure healthy competition.
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