Britain’s competition regulator, the Competition and Markets Authority (CMA), has not had a good 2020. The Government ignored its recommendations made last year for a new regulator for the audit industry , and has not acted on the agency’s calls for stronger consumer protection powers. Its warnings to businesses against raising prices during Covid were criticised by economists for potentially leading to shortages of things like food and PPE . And the CMA’s chairman, ex-MP Andrew Tyrie, was ousted last month in a coup by board members unhappy with Tyrie’s political, attention-seeking style. This week it released the final report in its study of the digital advertising market . In it, the CMA concluded that the digital advertising market was uncompetitively dominated by Google and Facebook – Facebook via its social media apps, and Google via the popularity of Youtube, Google Search, and the company’s network of advertising on third party websites. The report is … [Read more...] about The UK has badly missed the mark on how to regulate Big Tech
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Angry father allegedly crushes and kills teenage daughter with car
Nigel Malt attends Norwich Crown Court (Image: PA Images) Sign up for our news briefing, including a daily special Russia-Ukraine edition SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Nigel Malt, 44, lost his temper after Lauren refused to answer the door when he went round in his Mercedes to pick up his younger daughter, Norwich Crown Court was told. Related articles Lewis Hamilton faces Silverstone ban over FIA jewellery row Meghan's interview will leave Netflix and Spotify 'pulling hair out' Lauren had shouted at her father - who was estranged from the family - to "go home" after he tried to attack her boyfriend with a crowbar in West Winch, Norfolk, in January this year, the jury heard. Andrew Jackson, prosecuting, said … [Read more...] about Angry father allegedly crushes and kills teenage daughter with car
Kwasi Kwarteng: from ‘Britannia Unchained’ to shackling business
Damascene conversions happen all the time in politics. Winston Churchill was once a high-flying Liberal, but ended up as the mightiest Conservative Prime Minister. The Gang of Four split with the Labour party to form the SDP in the early 1980s. But sometimes strategic or ideological u-turns can happen almost by accident. The current Government, for example, is packed with free marketeers boasting impeccable libertarian credentials that are heading the most interventionist, high-spending administration since the Second World War. How did this happen? Partly it is the understandable result of Covid emergency measures. But it also appears to be influencing longer-term strategy. One of the most dramatic conversions may well be that of Kwasi Kwarteng, who was appointed as Business Secretary last month . Once known for his trenchant economic liberalism, as a co-author of the 2012 book Britannia Unchained , the newly-elevated cabinet minister's short tenure has been marked by a … [Read more...] about Kwasi Kwarteng: from ‘Britannia Unchained’ to shackling business
Tech giants will ‘run rings’ round Government if duty of care only enforces companies’ rules, peers warn Prime Minister
The tech giants will 'run rings around the Government' if duty of care laws simply adopt the companies' own rules, a group of senior peers have warned the Prime Minister. The cross-party House of Lords group, which includes the Bishop of Oxford Steven Croft and former children’s presenter Baroness Floella Benjamin, said the new online regulator had to be given ‘real powers’ to police social media algorithms that spread dangerous content. The warning comes as Prime Minister Boris Johnson is currently considering proposals drawn up by the Home Secretary Priti Patel and culture secretary Oliver Dowden for imposing a statutory duty of care on tech companies to better protect their users. Under the proposals, which The Telegraph has campaigned for since 2018, a new online regulator - likely to be Ofcom - could levy huge fines and potentially prosecute executives of tech firms that breached the duty. Ministers have previously said they want the regulations to prevent a repeat of the … [Read more...] about Tech giants will ‘run rings’ round Government if duty of care only enforces companies’ rules, peers warn Prime Minister