New U.K. digital markets regime | A&O Shearman - JDSupra

Summary

The article discusses the Digital Markets, Competition and Consumers Act 2024, which introduces new regulations for digital advertising in the UK. It grants the Competition and Markets Authority (CMA) significant powers to regulate firms with substantial market power, including merger control and fines. The Department for Business, Innovation and Skills, and the Department for Business and Trade are relevant entities due to their roles in market oversight and regulatory frameworks. Tags highlight areas like mergers, market power, and regulatory bodies critical to the Act's implementation.