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UK Digital Competition Report Builds the Case for Platform Regulation

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The United Kingdom’s Digital Competition Expert Panel released its report, “Unlocking Digital Competition,” to the government yesterday. The report proposes policies that it says, “would create substantial benefits for UK consumers, businesses trying to start up and scale up in the UK, and greater predictability for the major digital companies.” The report argues that competition law and policy in the UK needs to be updated to address the current problems in the digital economy, but that additional tools beyond competition policy will have the biggest impact. “Strengthened antitrust enforcement, although having an important role, moves too slowly and, intentionally, resolves only issues narrowly focused on a specific case.”

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