CMA puts Google under tighter regulation with ‘strategic market status’ designation and can enforce changes
Google faces enforced changes to its UK search business after the competition watchdog conferred a special status on the company that puts it under tighter regulation.
The Competition and Market Authority (CMA) confirmed that Google has “strategic market status” (SMS) in search and search advertising, a term that means the company has such market power that it requires a special regulatory regime.
CMA puts Google under tighter regulation with ‘strategic market status’ designation and can enforce changesBusiness live – latest updatesGoogle faces enforced changes to its UK search business after the competition watchdog conferred a special status on the company that puts it under tighter regulation.The Competition and Market Authority (CMA) confirmed that Google has “strategic market status” (SMS) in search and search advertising, a term that means the company has such market power that it requires a special regulatory regime. Continue reading…
Discover more from Stay Updated Finance News
Subscribe to get the latest posts sent to your email.