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Tag: Digital Markets Unit

UK set to regulate Google and Facebook
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UK set to regulate Google and Facebook

The U.K. government said Friday, Nov 27, that it plans to create a Digital Markets Unit (DMU) to enforce "a new code to govern the behavior of platforms that currently dominate the market, such as Google and Facebook."   The aim is to protect smaller competitors and give consumers more control over personal data.   Under the new code, some of the world’s biggest tech companies may have to be more transparent about the services they provide and how they use consumers’ data. They may also be forced to give consumers a choice over whether to receive personalized advertising, and they won’t be able to place restrictions on customers that make it difficult for them to use rival platforms.   The DMU, which will be part of the Competition and Markets Authority...