Technology: Monopolies
Commons · Question 47846 · Tabled 24 Apr 2025 · Department for Business and Trade · Official record
Answered 2 May 2025
Question
Asked by Ian Byrne
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help tackle monopolistic practices in the technology sector.
Answer
Answered by Justin Madders, 2 May 2025
On 1 January 2025 the Government implemented the Digital Markets, Competition and Consumers Act 2024. The Competition and Markets Authority now has new bespoke tools to address the market power of a small number of the largest technology firms and increas...