When Brexit means falling behind: The probable death of the DMU regime

Author: Damien Geradin
Published: 03.05.2022
Everything had started well with the excellent Furman report, which emphasized the need to adopt an ex ante regulatory regime that would apply to Big Tech firms in the UK. That report had indeed found that competition rules would not be sufficient to control these firms’ market power.  The UK had the lead and was likely to become the first nation to adopt a coherent and flexible framework to regulate Big Tech. The UK government started the work on what this regulatory regime should look like and it was decided that a Digital Markets Unit (“DMU”) would be set up…