Digital Markets Unit

(asked on 6th January 2025) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure that the Digital Markets Unit can make effective market interventions.


Answered by
Justin Madders Portrait
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 10th January 2025

On 1 January the pro-competition regime for digital markets entered into force. The Competition and Markets Authority (CMA) will operate the regime, as the UK’s principal independent competition regulator.

The Government has designed and implemented the regime, which provides the CMA with powers to make effective interventions. These include powers to investigate and to impose remedies that are specifically designed for the markets and firms involved, as well as requirements to carry out in-depth investigations and consult relevant stakeholders before intervening. This tailored, participative and evidence-based approach will ensure that interventions are proportionate and effective.

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