UK law will let regulators fine Big Tech without court approval
by Emma Roth from The Verge - All Posts on (#6N228)
Illustration by Cath Virginia / The Verge | Photo by Getty Images The UK could subject big tech companies to hefty fines if they don't comply with new rules meant to promote competition in digital markets. On Thursday, lawmakers passed the Digital Markets, Competition and Consumer Bill (DMCC) through Parliament, which will let regulators enforce rules without the help of the courts.
The DMCC also addresses consumer protection issues by banning fake reviews, forcing companies to be more transparent about their subscription contracts, regulating secondary ticket sales, and getting rid of hidden fees. It will also force certain companies to report mergers to the UK's Competition and Markets Authority (CMA).
The European Union enacted a similar law, called the Digital Markets Act (DMA).
Only the companies...