Written question asked by Jo Platt (Labour) on Monday, 6 January 2025, in the House of Commons. It was due for an answer on Wednesday, 8 January 2025. It was answered by Justin Madders (Labour) on Friday, 10 January 2025 on behalf of the Department for Business and Trade.
Digital Markets Unit
- Question
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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.
- Answer
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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.
Secondary information
- Type
- Written question
- Reference
- 22068
- Session
- 2024-26
- Subjects
- Digital Markets Unit
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 18:21:42 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/22068
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/22068
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2024-25/22068