LONDON (Reuters) -Britain on Friday designated Google with “strategic market status” in online search, the first time it has deployed new powers to tackle the dominance of big tech and paving the way for interventions it deems necessary.
The Competition and Markets Authority’s move enables it to compel the Alphabet-owned company to change the way it operates in Britain in the search market.
The regulator, which can impose fines for non-compliance and has direct enforcement powers, said in June its actions would be “targeted and proportionate”, and would unlock innovation in the British tech sector and broader economy.
The proposed steps from the CMA in June included fairer ranking in search and offering consumers more access to alternatives search engines.
(Reporting by Paul Sandle and Muvija M; editing by William James)
Comments