We’re seeking views on our draft administrative penalties statement, following the passage of the Digital Markets, Competition and Consumers (DMCC) Act. The statement sets out our proposed approach to penalties for breaches of remedies as well as requirements imposed in investigations under many of our functions, in view of changes to be made by the DMCC Act. ➡️ Have your say by 23 August 2024: https://lnkd.in/g5Dp3tci #DMCC #DigitalMarkets
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In the latest article of the Spotlight series, Francion Brooks explores the new digital markets competition regime under the DMCC Act, and states that "the rules are backed up with a raft of enforcement powers including fines of up to 10% of the company’s global annual turnover". What are the conduct requirements? Find out here: https://lnkd.in/dK3Wn68U #DMCCAct
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The Competition and Markets Authority is consulting on draft guidance for the digital markets competition regime, as established by the Digital Markets, Competition and Consumers (DMCC) Act. The DMCC Act doesn't contain a list of obligations/prohibitions which automatically apply to designated firms, like Article 5(2) of DMA. It lets CMA write a per-firm list. See https://lnkd.in/e4hEcuX5.
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The Competition and Markets Authority is consulting on draft guidance for the digital markets competition regime, as established by the Digital Markets, Competition and Consumers (DMCC) Act. The DMCC Act doesn't contain a list of obligations/prohibitions which automatically apply to designated firms, like Article 5(2) of DMA. It lets CMA write a per-firm list. See https://lnkd.in/e4hEcuX5.
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Join fellow retailers in understanding what impact the proposed UK Digital Markets Bill could have on your business. ⭐ Register here: https://lnkd.in/eg3yRZ7G Described as a “flagship bill” and “watershed moment” with GDPR-level impact, this bill grants the UK Competition and Markets Authority (CMA) new enforcement powers for breaches of consumer protection legislation, for example using misleading pricing and time-limited claims. Can't make the date? Register anyway and we'll send you a copy of the recording. #ukdigitalmarketsbill #cma #regulatory #uklegislation
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Today, the UK Government announced the implementation timeline for the Digital Markets, Competition and Consumers (DMCC) Act. In this flash update, Julia Woodward-Carlton, Elizabeth Coleman, Peter Harper, Eve England, Matthew Gough and Annabel Borg discuss the key procedural steps and how businesses affected by the Act should prepare. #Competition #Consumer #DMCC https://lnkd.in/ex6sgWvd
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It’s #DMCC Day! The long-awaited Digital Markets, Competition and Consumer (DMCC) Bill has been approved by the #UK Parliament today. Bringing in far-reaching changes including a new digital markets regulatory regime, turbo-charging the #CMA’s consumer #enforcement powers and changes to #mergercontrol and #antitrust rules, there are changes here that will impact most businesses active in the UK. See our report for details on the key changes.
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Competition Law Partner | Antitrust | Tech Regulation | Merger Control | Antitrust Litigation | Ex-CCI
Yesterday, the UK Parliament passed the groundbreaking Digital Markets, Competition and Consumer (DMCC) Bill. One more regime adding to ex-ante regulation of digital markets. The DMCC Bill is expected to come into force in the second half of the year, with designations kicking in upto 9 months after. The regulator does not have to investigate and designate every company that potentially meets the criteria - it retains discretion on which designation investigations to prioritise. An exciting space to watch for sure! #DMCCBill #DigitalMarkets #ConsumerProtection #CompetitionLaw #UKParliament #RegulatoryReform #DigitalEconomy #BusinessRegulation #ExAnteRegulation #DigitalPlatformsIndia #tta
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Associate at Stewarts | Competition & Antitrust | Commercial Disputes | High Value & Complex Disputes
The European Commission (“EC”) has launched two whistleblowing tools under the Digital Markets Act (“DMA”) and the Digital Services Act (“DSA”) to report any potential violations. Inside knowledge and assistance can be a powerful tool to help the EC, as enforcer of the DMA, to uncover conducts by gatekeepers that would undermine their obligations under the DMA more swiftly than might otherwise be possible. #EU #DMA #DSA #whistleblowing #digitalmarkets
Whistleblowing tool under the Digital Markets Act
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We’re expecting significant changes to be made to the consumer framework once the Digital Markets, Competition and Consumer Bill (“DMCC Bill”) becomes law in Spring 2024. Join our webinar and we will help shed light on the key changes expected and discuss what you can start to do now in anticipation of the DMCC Bill becoming law in or around Spring 2024. Register for your place https://lnkd.in/eujGBNZx #education #DigitalMarkets #StudentContracts
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Gabriela Bar Law & AI, PhD in law, experienced expert (and enthusiast) of new technologies and AI law, Women in AI, Forbes' list of 25 business lawyers, the TOP100 Women in AI in PL.
🚀 On September 12th, the Dutch Authority for Consumers and Markets (ACM) unveiled new guidelines on the Digital Services Act (DSA) tailored for online service providers. After collaborating with key players in the digital sector, these guidelines clarify how the DSA applies and outline the essential rules providers need to follow. This is a significant step towards greater transparency and compliance in our digital landscape. 📱💡 #dsa #guidelines #electronicservices #digitalservices #recommendersystems #intermediaryproviders #consumers #digitalmarket
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