A new the U.K. watchdog to police Big Tech companies
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To wrest control of data from big technologies companies, the U.K. government is about to launch a watchdog to police Big Tech companies including Google and Facebook.
U.K. Digital Secretary Oliver Dowden said that online platforms bring benefits to society, “but the concentration of power among a small number of tech companies is curtailing growth of the sector, reducing innovation and having negative impacts on the people and businesses that rely on them.”
“Digital Markets Unit” is a new watchdog planned by the U.K. government to police Big Tech companies (including Google and Facebook) to counter their market dominance and prevent them from exploiting consumers and small businesses.
Big technologies exceptionally large influence do not give a chance to grow and develop small businesses and companies, so starting from April 2020 Big tech companies wouldn’t be allowed to make it harder for customers to use rival platforms.
A watchdog will oversee a new regulatory regime for tech companies that’s aimed at spurring more competition, the online competition tools will gives users tools to manage and control their data.