Hi Welcome You can highlight texts in any article and it becomes audio news that you can hear
  • Tue. Nov 5th, 2024
THE LONG GAME

Rich Stables, CEO of Kelkoo Group remarks: “The UK Government’s hard position, laid out in its Digital Markets Competition and Consumer Bill released today, will be an excellent marker for EU enforcers dealing with DMA application. The brand-new UK Digital Markets Unit, with its proposed standard procedure, has the prospective to be a gamechanger for making sure fairer competitors in digital markets. “In Europe, Google has actually currently triggered over a 13-year hold-up in the EU Shopping case. The DMA is a well-crafted piece of legislation which can change digital markets, however we understand that Big Tech is proficient at obstructing development. EU regulators require to be made from steel to play and win the long video game. In the UK, today is the very first important action to developing that development however Big Tech will continue its efforts to thwart this much-needed Bill that will permit competitors and option in the UK when again. We advise the UK Government – and all regulators – to continue to persevere versus Big Tech’s multi-million-pound lobbying maker which totals up to full blast postponing methods. “Kelkoo Group was a leader in window shopping which offered customers access to the very best online shopping offers. Considering that Google was permitted a stranglehold on digital markets, customer option was stunted and Kelkoo Group– when valued at almost EUR1bn – was pressed to the cliff edge. The cost-of-living crisis counts for absolutely nothing as Big Tech rejects customers option and lower costs. “The Digital Markets Competition and Consumer Bill is a watershed minute in our mission to reverse Google’s march to overall monopolisation of the web. We anticipate the Competition and Market Authority’s Digital Markets Unit being given official powers to promote development and option for customers and support the development of a dynamic digital economy for huge an
Learn more

Click to listen highlighted text!