July 24, 2021

Volume XI, Number 205

Advertisement

July 23, 2021

Subscribe to Latest Legal News and Analysis

July 22, 2021

Subscribe to Latest Legal News and Analysis

July 21, 2021

Subscribe to Latest Legal News and Analysis

New Competition Regulations Aimed at Big Tech

On June 11, 2021, the US House introduced five antitrust bills aimed at Big Tech. At the same time, across the Atlantic, a meeting in Cornwall, England, of the Group of Seven world leaders ended with a joint communique calling for cooperation on a number of digital matters.

The communique says G7 countries will find a “coherent way to encourage competition and support innovation in digital markets” and acknowledges that many countries believe that “participants with significant market power can exploit their power to hold back digital markets and the wider economy.” The communique also calls on all states to “urgently identify and disrupt ransomware criminal networks operating from within their borders, and hold those networks accountable for their actions.” It pledges that G7 countries will promote secure information technology and communications supply chains.

These developments represent the latest attempts by governments and competition agencies around the world at “rethinking” traditional antitrust and consumer protection tools of analysis and enforcement to adapt to the challenges posed by digital markets, with a particular focus on digital platforms’ alleged “gatekeeper” role and the collation of, and access to, data.

Commentators consider that the new US bills would align with the EU proposed Digital Markets Act, which (if adopted) will prevent digital markets “gatekeepers” from engaging in a list of black-listed conducts, including “walled gardens”, non-interoperable interfaces and systems, data accumulation, default settings, barriers to switching and the pre-installation of apps and services.

© Copyright 2021 Squire Patton Boggs (US) LLPNational Law Review, Volume XI, Number 165
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

About this Author

Francesco Liberatore Competition Attorney Squire Patton Boggs London, UK & Brussels, Belgium & Milan, Italy
Partner

Francesco Liberatore advises clients on all aspects of the application of competition law, in particular in technology driven and digital economy sectors. His experience also focusses on communications law and he coordinates the firm’s EMEA Communications Practice.

He regularly represents clients in investigations before regulatory and competition authorities, as well as managing internal investigations, dawn raids and counseling on compliance issues and various commercial agreements. Francesco handles merger control due diligence and filings, as well as coordinating...

44 207-655-1505
Advertisement
Advertisement