UK's Competition and Markets Authority calls for a “pro-competition regulatory regime” to monitor Facebook, Google, and other digital ad giants
for now) https://twitter.com/... Jason Kint / @jason_kint : I should add to this thread for those outside beltway. It's important regulators have gotten so smart, so quickly, so nonpartisan around globe in a few years. CMA here is UK's main antitrust investigator. They are collaborating around world. Texas AG has recognized their work. https://twitter.com/... @cmagovuk : We've been lifting the lid on the UK's £14bn digital advertising market. Find out why a new pro-competition regime is needed to address our concerns: https://ow.ly/... https://twitter.com/... @1br0wn : This is an endlessly repeated, brain-dead suggestion from competition people with little idea about data protection. Problem=big centralised surveillance engines. Solution=share the data with lots more people! https://twitter.com/... Jason Kint / @jason_kint : 🤯 437 pages. Final report. CMA continues to be a leader globally in recognizing intersection of data and competition policy and the unique role of tracking, data minining by Facebook and Google as their source of market power. Extensively covered in report (focus p149-). https://twitter.com/... Marietje Schaake / @marietjeschaake : Interesting to see evolving views of anti-trust and competition harms being defined by the UK's Competition and Market Authority. Soon, long with a few @Stanford colleagues, we will make recommendations on updating competition for the digital era as well ↘️ https://twitter.com/... James Robinson / @jrobinson271 : Market study concludes that existing laws are not suitable for effective #regulation. @CMAgovUK recommends new framework for #platforms funded by #digital advertising. Publication coincides with launch of ‘Digital Markets Taskforce’ with ICO, @Ofcom https://twitter.com/... Leo Kelion / @leokelion : And to further complicate matters, a UK regulator is calling for new laws to help “take on” Facebook and Google's dominance of the digital advertising market https://www.gov.uk/... Harriet Pickles / @harrietpickles : CMA has just published its final report on their market study into online platforms and digital advertising. They have some pretty punchy recommendations for a new 'Digital Markets Unit" to apply to platforms... https://www.gov.uk/... https://twitter.com/... See also Mediagazer
The UK competition and markets authority's new report on ‘online platforms and digital advertising’ suggests that large shady platforms should share all kinds of personal data with smaller shady data firms via a linkable personal ID to increase competition. This is a BAD idea. ht…
📣 We're calling for a new pro-competition regime to tackle the market power of platforms like Google and Facebook. Read more: https://ow.ly/... https://twitter.com/...
Lots of good ideas, but ultimately disappointing. No full market investigation, but rather another procrastination. And do you really see the UK with the Brexit mess, having to negotiate a trade deal with the US, giving this kind of powers against US digital giants? Won't happen …
UK CMA proposes a new pro-competition regulatory regime to tackle Google & Facebook's market power. A Digital Markets Unit would be empowered to bring forward a number of initiatives, including the possibility of mandating structural separation. https://www.gov.uk/...
He's correct. You can't fix overflowing toxicity by spreading around the toxic material. The fix is to stop creating the poison to begin with. https://twitter.com/...
The final @CMAgovUK report into online platforms and digital advertising - which has really been an inquiry into market dominance and privacy - is just out. It calls for a new market-driven regulatory regime per Furman. Warning: 440 pages + 29 appendices. https://www.gov.uk/...
Nothing to see here. Just UK's antitrust regulator @CMAgovUK saying that both @google and @Facebook may have to be broken up to improve competition in digital markets (these are possible suggestions, not actual demands — for now) https://twitter.com/...
I should add to this thread for those outside beltway. It's important regulators have gotten so smart, so quickly, so nonpartisan around globe in a few years. CMA here is UK's main antitrust investigator. They are collaborating around world. Texas AG has recognized their work. ht…
We've been lifting the lid on the UK's £14bn digital advertising market. Find out why a new pro-competition regime is needed to address our concerns: https://ow.ly/... https://twitter.com/...
This is an endlessly repeated, brain-dead suggestion from competition people with little idea about data protection. Problem=big centralised surveillance engines. Solution=share the data with lots more people! https://twitter.com/...
🤯 437 pages. Final report. CMA continues to be a leader globally in recognizing intersection of data and competition policy and the unique role of tracking, data minining by Facebook and Google as their source of market power. Extensively covered in report (focus p149-). https://…
Interesting to see evolving views of anti-trust and competition harms being defined by the UK's Competition and Market Authority. Soon, long with a few @Stanford colleagues, we will make recommendations on updating competition for the digital era as well ↘️ https://twitter.com/..…
Market study concludes that existing laws are not suitable for effective #regulation. @CMAgovUK recommends new framework for #platforms funded by #digital advertising. Publication coincides with launch of ‘Digital Markets Taskforce’ with ICO, @Ofcom https://twitter.com/...
And to further complicate matters, a UK regulator is calling for new laws to help “take on” Facebook and Google's dominance of the digital advertising market https://www.gov.uk/...
CMA has just published its final report on their market study into online platforms and digital advertising. They have some pretty punchy recommendations for a new 'Digital Markets Unit" to apply to platforms... https://www.gov.uk/... https://twitter.com/...