The UK plans to create a new agency to regulate large tech companies such as Google and Facebook. Starting in April 2021, the newly minted Digital Markets Unit (DMU), which will be a part of the country’s existing Competition and Markets Authority (CMA), will enforce a code that will set new limits on tech’s biggest platforms, as well as attempt to create a more level playing field for smaller rivals.
While the code has yet to be introduced, it will be designed to give consumers more control over their data and break down restrictions that make it difficult to use competing platforms. It may also give people the option to decide whether they can be subjected to personalized advertising. To enforce the code, the DMU will have the power to block and reverse decisions made by large tech companies. If they don’t comply with its directives, it will also have the power to fine them.