UK aims to tackle Google dominance of online search

Share via:


Britain’s competition watchdog on Tuesday proposed measures aimed at tackling Google’s dominance in online search, with the US tech giant warning that “punitive regulations” could impact UK economic growth.

The Competition and Markets Authority (CMA) said it proposes to designate Google with “strategic market status”, subjecting it to special requirements under new UK regulations.

A similar tech competition law from the European Union, the Digital Markets Act, carries the potential for hefty financial penalties.

Britain’s CMA in January launched an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

UK aims to tackle Google dominance of online search


Britain’s competition watchdog on Tuesday proposed measures aimed at tackling Google’s dominance in online search, with the US tech giant warning that “punitive regulations” could impact UK economic growth.

The Competition and Markets Authority (CMA) said it proposes to designate Google with “strategic market status”, subjecting it to special requirements under new UK regulations.

A similar tech competition law from the European Union, the Digital Markets Act, carries the potential for hefty financial penalties.

Britain’s CMA in January launched an…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

HCL Tech, AMD announce strategic alliance

Investment IdeasGrow your wealth with stock ideas &...

Bitcoin Accounts For One-Third of Investor Crypto Portfolios in...

Bitcoin exposure is rising in cryptocurrency portfolios, driven...

Google launches Advanced AI Search in India through Labs

Google added an AI mode feature to India...

Popular

Upcoming Events

afasdfhgsd afasghsd afadshdfgsd afasdfghsd afdfgasd afwreasd aferfgsdgasd aerfasd afaadfsd afasd afaassd