Competition law — 15/06/2023

Geradin Partners gives evidence to UK Parliament on the Digital Markets, Competition and Consumers Bill

The Digital Markets, Competition and Consumers Bill will put in place a new regulatory regime in the UK for the Big Tech firms. The legislation is going through Parliament and the Public Bill Committee invited leading experts to give evidence in formal hearings.

London-based partner, Tom Smith, appeared before the committee on 15 June 2023. He discussed the design of the new regime and the drafting of the Bill, including issues around the amount of discretion being given to the new regulator, called the Digital Markets Unit, and the pros and cons of the different proposed appeal standards. He discussed with the Members of Parliament how the UK compares with other jurisdictions around the world and how it would protect investment and innovation in the British economy. Tom was the only private practice lawyer to be invited to appear.

The hearings were televised and available on the Parliament’s website.

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Tom Smith

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