(3 years, 9 months ago)
Lords ChamberThe statutory powers for the digital markets unit specifically relate to the code of conduct and how it will apply to platforms that have strategic market status. If I have understood the noble Lord’s questions correctly, those are separate from the online harms Bill, but those powers will be put on a statutory basis.
My Lords, there is a widespread feeling in the community that these large companies are so powerful that an individual country such as our own will not be able to stand up to them. I refer back to the contribution from the noble Lord, Lord Puttnam, on international co-operation to deal with them. Is that a properly co-ordinated process? Can she also confirm, since most of these companies are American-owned, whether this issue has arisen in any trade discussions with the United States of America?
The noble Lord is right that these are global companies and some international co-ordination will be required to have the maximum impact. We are very much working with partners, as I said in response to the noble Lord, Lord Puttnam. We are also aware that other countries around the globe and the major platforms are looking at the work we are doing. We are leading in our ambition in this field.
(3 years, 10 months ago)
Lords ChamberI cannot accept that this Government have been complacent about reviewing measures in relation to gambling and protecting vulnerable people. We have made a number of changes, most importantly in recently announcing the full-scale review. We will continue to implement things as quickly as they are needed and not wait for legislation.
My Lords, my noble friend may be aware that our former Select Committee on Financial Exclusion, of which I was a member, learned that gambling companies deliberately targeted the most vulnerable in our community. They knew exactly who was watching TV at three in the morning. With the tidal wave of increased advertising, is it not time, given the severe damage being caused, for the Government to consider a precept or special tax on these companies to offset the increased costs in health and social care resulting from abuses that are clearly taking place in our country?
I thank my noble friend for his question. As we have said, we are considering all options in this regard but have also made major commitments to increasing provision for those who are negatively impacted by gambling. We hope very much that the evidence arising from the review will shape that thinking going forward.