How the EU and the UK are gearing up for future regulatory battles with Big Tech

MLex Market Insight

Speak to regulators around the world and you’re likely to hear the same complaint: With technology moving so fast, those overseeing digital giants need an expanded toolbox. The European Commission is tackling the problem by putting forward a proposal that would give the EU regulator new powers with which to tackle the antitrust challenges posed by Big Tech — a proposal named the Digital Markets Act. Meanwhile, UK competition regulators are considering additional firepower to tackle what are referred to as “killer acquisitions” — tech giants swooping in on startups to ward off future competition. However, drawing the line between a killer acquisition and a strategically savvy investment may prove problematic.