Competition and Markets Authority

Lord Randall of Uxbridge Excerpts
Thursday 25th June 2020

(3 years, 9 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan
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We are taking action on these matters. We asked the CMA to lead two critical pieces of work: to report on the state of competition, and to set up the digital markets taskforce. The CMA remains one of the world-leading competition authorities. If necessary, we will build on that.

Lord Randall of Uxbridge Portrait Lord Randall of Uxbridge (Con) [V]
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Following on from the Furman report, does my noble friend agree that government regulation around those digital platforms should be implemented as soon as possible? Can he give any indication when that might happen?

Lord Callanan Portrait Lord Callanan
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We accepted the recommendations of the Furman report in the Budget earlier this year. We are considering what further steps need to be taken.