Facebook and Google ‘too powerful’ says watchdog boss

BBC News, 24 February 2021

The UK Competition and Markets Authority (CMA) has revealed it wants regulatory changes to deal with market dominance and ‘the imbalance of power’ created by big-tech companies. The CMA’s Chief Executive, Andrea Coscelli said that the two tech giants have a "duopoly" when it comes to digital advertising, and plans to issue Facebook, Google, and other tech companies a set of company-specific rules to rein in "anti-competitive behaviour" and give consumers…

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