TagMicrosoft

New powers to rein in big tech set to be granted to UK regulator holding up Microsoft’s Activision deal

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The UK government, on Tuesday, released a draft bill that would give a newly created department an independent competition regulator powers to levy massive fines against big tech firms for abusing competition and investigate and block acquisitions with more incredible speed. The draft Digital Markets, Competition and Consumer Bill will target technology companies with annual revenues of at least...

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