Role of Big Tech in Society

Peter Fortune Excerpts

Tuesday 23rd June 2026 Westminster Hall

[Peter Fortune (Bromley and Biggin Hill) (Con)]

It is a pleasure to serve under your chairmanship, Sir Jeremy, and a privilege to respond to this debate on behalf of His Majesty’s Opposition. I also congratulate my right hon. Friend the Member for The Wrekin (Mark Pritchard) on securing this important debate. I know that we share a common interest in this area. I also congratulate him on bringing a debate about the big picture stuff. It is important that we get there, and I compliment hon. Members for rising to meet that challenge.

The United Kingdom is home to Europe’s largest, and one of the world’s most dynamic, technology ecosystems. The digital and technology sector contributes an estimated £207 billion in gross value added to the UK economy and supports around 2.6 million jobs. It represents a vital pillar in our national prosperity that drives productivity, fosters high-skilled employment and enhances our global competitiveness. From artificial intelligence and cyber-security to fintech and advanced manufacturing, British innovation in technology continues to shape industries both at home and abroad.

We fully recognise the substantial benefits that large technology companies bring. These firms deliver cutting-edge innovation, significant investment, world-class infrastructure and services that millions of people and businesses rely on every day. Their scale enables rapid advancement in areas such as cloud computing, mobile technologies and data analytics, which in turn support broader economic growth across sectors.

At the same time, we must remain vigilant and ensure that market concentration does not inadvertently stifle competition or limit opportunities for emerging British firms. In key areas, a small number of global players hold dominant positions. Together, Apple and Google account for virtually the entire mobile operating system market in the UK, with iOS and Android combined making up nearly 100% of the share. Similarly, Amazon Web Services and Microsoft together command a very significant portion—often estimated at between 60% and 80%—of the UK’s cloud computing infrastructure market.

That concentration brings clear efficiencies and capabilities, but it also highlights the need for effective oversight. We support a proportionate competition policy that promotes fairness, encourages new entrants and prevents any single player from abusing market power. Open and competitive digital markets are essential if we are to retain more economic value within the UK, nurture home-grown talent, and build a resilient and diversified digital economy.

As Conservatives, we have long championed the importance of robust yet balanced digital competition enforcement. Regulation should protect consumers and smaller innovators without creating unnecessary bureaucratic barriers that slow growth. The Competition and Markets Authority has an important role to play in this regard, alongside evolving frameworks such as the Digital Markets, Competition and Consumers Act 2024. Our approach prioritises evidence-based intervention that fosters innovation while maintaining the attractiveness of the UK as a place to invest and scale business.

This principle extends to other critical areas, including online safety. Timely and decisive action to protect children and other vulnerable users online is essential, and we have constantly advocated for stronger practical safeguards, working alongside parents, campaigners, experts and the industry, because protecting the most vulnerable must remain a priority. The Leader of the Opposition did not flinch from standing with parents and carers when the time came to be robust. Constructive collaboration between Government, technology companies and civil society will achieve better long-term outcomes than purely reactive measures.

More broadly, the influence of technology touches every aspect of modern life. From boosting productivity in traditional industries to enabling breakthroughs in healthcare and climate solutions, the sector’s potential is immense. However, realising that potential requires the right conditions: access to talent, supportive infrastructure, access to finance for scale-ups, and a regulatory environment that rewards innovation rather than entrenching incumbents.

At its core, this debate asks us to consider what kind of digital economy we wish to build for the future. We believe that Britain should aim for an economy in which a diverse range of innovative companies—from start-ups in our world-class universities and tech clusters to established firms—can compete, grow and deliver benefits to consumers and society on merit. This vision rests on a strong competition policy that prevents the abuse of market power while actively encouraging the investment, dynamism and entrepreneurship that drive long-term growth.

We also recognise the global nature of technology. International co-operation on standards, data flows and emerging issues such as artificial intelligence will be increasingly important. The UK’s position as a leading tech nation gives us influence on the world stage, and we should use that influence to promote open markets, ethical innovation and high standards.

The success of our technology sector is central to delivering the economic growth and opportunity that our country needs. By championing competition, supporting innovation and maintaining a balanced approach to regulation, we can ensure that the UK remains at the forefront of the global digital economy, creating jobs, driving prosperity and harnessing technology for the benefit of all. I look forward to hearing the Minister’s remarks on the Government’s current thinking regarding the role of large technology companies, and on how together we can best support a thriving, competitive and innovative UK tech sector.