UK Passes Landmark Bill to Regulate Big Tech's Market Power

The Digital Markets, Competition and Consumers Bill aims to create a level playing field for third-party app stores and news publishers.

The new law prohibits tech platforms from favoring their own products or imposing discriminatory terms on specific users.
It grants the Competition and Markets Authority the power to impose fines up to 10% of global turnover for breaches.
The bill mirrors aspects of the EU's Digital Markets Act but allows for more tailored enforcement.
Epic Games and Microsoft stand to benefit as they can now offer their app stores on iOS devices in the UK.
The law also includes provisions for consumer protection and complaint resolution processes.