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U.K Government To Regulate Facebook, Google Next Year by adem30: 9:21pm On Nov 28, 2020
The U.K. government said it plans to create a Digital Markets Unit (DMU) to enforce "a new code to govern the behavior of platforms that currently dominate the market, such as Google and Facebook."
The unit will be part of the Competition and Markets Authority (CMA), which has been asking for more powers to rein in big digital advertising platforms.
The regulator is concerned how tech giants like Google and Facebook use digital advertising to fuel their business models.
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Mark Zuckerberg, Chairman and Chief Executive Officer of Facebook, arrives to testify during the House Financial Services hearing on An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors on Wednesday, Oct. 23, 2019.
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LONDON — The U.K. on Friday said a new government unit will work to tackle ongoing concerns about a concentration of power among a small number of tech giants.

The Department for Digital, Culture, Media and Sport said it plans to create a Digital Markets Unit (DMU) to enforce "a new code to govern the behavior of platforms that currently dominate the market, such as Google and Facebook."


The code is designed to ensure that consumers, small businesses, and news publishers aren't disadvantaged by actions taken by tech giants, the government said.

Under the new code, some of the world's biggest tech companies may have to be more transparent about the services they provide and how they use consumers' data. They may also be forced to give consumers a choice over whether to receive personalized advertising, and they won't be able to place restrictions on customers that make it difficult for them to use rival platforms.

The DMU, which will be part of the Competition and Markets Authority (CMA), will start work in April 2021.

The government said the DMU may be given the unit the power to suspend, block and reverse decisions made by large tech companies. The DMU could also order them to take certain actions to achieve compliance with the code, and impose financial penalties for non-compliance, the government said.

Digital Secretary Oliver Dowden said in a statement: "I'm unashamedly pro-tech and the services of digital platforms are positively transforming the economy — bringing huge benefits to businesses, consumers and society."


"But there is growing consensus in the UK and abroad that the concentration of power among a small number of tech companies is curtailing growth of the sector, reducing innovation and having negative impacts on the people and businesses that rely on them. It's time to address that and unleash a new age of tech growth," Dowden said.

Digital strategy
In July, the CMA called on the government to give it more powers and set up the DMU, saying it was necessary to rein in big digital advertising platforms. The regulator said it was concerned about how tech giants like Google and Facebook use digital advertising to fuel their business models.

Though the CMA's recommendations had a domestic focus, the watchdog said the problems it had identified were "international in nature" and that it would look to "take a leading role globally" as part of its digital strategy.

"Through our examination of this market, we have discovered how major online platforms like Google and Facebook operate and how they use digital advertising to fuel their business models," Andrea Coscelli, chief executive of the CMA, said on July 1. "What we have found is concerning – if the market power of these firms goes unchecked, people and businesses will lose out."

Ronan Harris, Google's vice president for the U.K. and Ireland, said in a statement at the time: "Advertisers today choose from a wide range of platforms that compete with each to deliver the most effective and innovative ad formats and products."

He added: "We support regulation that benefits people, businesses and society and we'll continue to work constructively with regulatory authorities and Government on these important areas so that everyone can make the most of the web."

Facebook has previously said it would engage with U.K. government bodies "on rules that protect consumers and help small businesses rebuild as the British economy recovers" from the coronavirus pandemic.

"We face significant competition from the likes of Google, Apple, Snap, Twitter and Amazon, as well as new entrants like TikTok, which keeps us on our toes," a spokesperson for the company said in a statement on July 1. "Giving people meaningful controls over how their data is collected and used is important, which is why we have introduced industry leading tools for people to control how their data is used to inform the ads they see."

— CNBC's Ryan Browne contributed to this story.

https://www.google.com/amp/s/www.cnbc.com/amp/2020/11/26/google-and-facebook-to-be-scrutinized-by-new-uk-unit-from-next-year.html

4 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by WorkTheTalk(m): 9:23pm On Nov 28, 2020
Other countries are making laws to harness social media for economic benefits of their citizens. In Nigeria, social media regulation is to control free speech.
The guilty are always afraid.

207 Likes 17 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by inoki247: 9:24pm On Nov 28, 2020
The heading dey confusing from the body Lai no read only headings read the body oh....

108 Likes 2 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by Beremx(f): 9:26pm On Nov 28, 2020
Mr Lai Mohammed will only read the headline and twist the content to favour his lying games.

Ndi Ara

146 Likes 8 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by helinues: 9:28pm On Nov 28, 2020
Okies

2 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by thebosstrevor1: 9:40pm On Nov 28, 2020
How i wish Nigeria can implement this type of law, it will be nice.

Google especially has an unfair advantage especially in advertising of their subsidiaries, no other companies can compete with them on search engine.

For example, Google has a subsidiary called YouTube, if a small competitor wants to do similar video sharing as YouTube, that startup wont get traffic at all because once a user type in any keyword relating to video, the search results shows all videos from YouTube on the first page. That is bad and unfair..Google with their search engine kills small businesses.

With Google search engine, Google acts like a very big global monopoly that wont allow small competitor to survive because they want advertising money for only themselves

96 Likes 3 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by November1857(m): 9:45pm On Nov 28, 2020
WorkTheTalk:
Other countries are making laws to harness social media for economic benefits. In Nigeria, social media regulation is to control free speech.
The guilty are always afraid.
Thier Oppressive mentality will not let them see through it !

7 Likes 2 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by thebosstrevor1: 9:50pm On Nov 28, 2020
WorkTheTalk:
Other countries are making laws to harness social media for economic benefits. In Nigeria, social media regulation is to control free speech.
The guilty are always afraid.

Social media is regulated in almost all countries even in the US and Uk.

21 Likes 2 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by KIDfurniture(m): 6:09am On Nov 29, 2020
Good
Re: U.K Government To Regulate Facebook, Google Next Year by ATEAMS: 6:09am On Nov 29, 2020
In the world of internet there's always a way ... regardless

4 Likes 1 Share

Re: U.K Government To Regulate Facebook, Google Next Year by Moferere: 6:10am On Nov 29, 2020
This is how govt reason, unlike the ones in Nigeria

13 Likes 1 Share

Re: U.K Government To Regulate Facebook, Google Next Year by Lexusgs430: 6:11am On Nov 29, 2020
It's all about non payment of taxes......... cheesy

4 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by LightAunt(f): 6:11am On Nov 29, 2020
Ok. Whatever
Re: U.K Government To Regulate Facebook, Google Next Year by Anaerobi(m): 6:11am On Nov 29, 2020
okay
Re: U.K Government To Regulate Facebook, Google Next Year by silifat11(m): 6:11am On Nov 29, 2020
Nigeria definition is always different

5 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by Profayo: 6:11am On Nov 29, 2020
Some people will not read the contents and will assume the regulation they are talking about is thesame as Nigeria's own regulation

56 Likes 3 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by infini771: 6:12am On Nov 29, 2020
Bad news
Re: U.K Government To Regulate Facebook, Google Next Year by Skyfornia(m): 6:12am On Nov 29, 2020
For those that might come here to rant...there regulation is different from APC...they are looking for a way to make financial profit from social media whereas APC is looking for a way to shut down oppositions and their critics.

16 Likes 1 Share

Re: U.K Government To Regulate Facebook, Google Next Year by dontbothermuch: 6:13am On Nov 29, 2020
The headline is something else. UK is regulating it for financial gains.

11 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by Racoon(m): 6:14am On Nov 29, 2020
UK is doing this to get more taxes.Nigeria's definition of regulation of the social media is just for oppression and suppression of the truth.

21 Likes 1 Share

Re: U.K Government To Regulate Facebook, Google Next Year by kerry57: 6:14am On Nov 29, 2020
Ororo news for Nigerian govt to tap from. I am waiting for lai mohammed to expantiate on this in coming days.

1 Like

Re: U.K Government To Regulate Facebook, Google Next Year by CSTRR: 6:14am On Nov 29, 2020
Before a buhari fanatic comments rubbish, they should read it well.

This is not about restricting people's rights, it is about getting more taxes.

23 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by TinubuGoQuench(f): 6:14am On Nov 29, 2020
USELESS BUHARI KEEPS CONDEMNING BOKO HARAM'S ATTACKS!

TUEH!

1 Like

Re: U.K Government To Regulate Facebook, Google Next Year by NwaAmaikpe: 6:15am On Nov 29, 2020
shocked




Quite a mischievous and sensational headline
They mean they hope to achieve a level-playing ground for businesses in the UK who can't have their ads on some of these social media and search engine sites who have far reach.

UK will NEVER muzzle free speech.

Somebody is twisting the facts to make it look like it is okay to regulate social media.
Remember that breakfast in Sheraton is not the same as breakfast in Mai Shai's kiosk.

A regulation of social media in Nigeria will be worse than Armageddon.
UK is regulating so that her people can reach out, Nigeria wants to regulate so that her people can not reach out.

73 Likes 10 Shares

Re: U.K Government To Regulate Facebook, Google Next Year by slawormiir: 6:16am On Nov 29, 2020
Damnnn niggarrrr
Nice one ...

modsfucker:
Wait and see some moronic black asses supporting this, but at the same time opposing the same move in Nigeria
Be a real niggarr and read the body of the story
modsfucker:

No time niggarr
But you have the time to comment without reading
But it would have been better if you don't comment at all as far as you didn't read

24 Likes 1 Share

Re: U.K Government To Regulate Facebook, Google Next Year by CHANNELStv2020: 6:16am On Nov 29, 2020
Read am oo,FOR FINANCIAL GAIN!!! before lie Mohammed go rush lie to balance the equation

4 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by CSTRR: 6:17am On Nov 29, 2020
Profayo:
Some people will not read the contents and will assume the regulation they are talking about is thesame as Nigeria's own regulation
The UK is the most advanced democracy on earth.

More advanced than even America.

2 Likes

Re: U.K Government To Regulate Facebook, Google Next Year by GIANTPLUSHUB: 6:18am On Nov 29, 2020
OK naaw
Re: U.K Government To Regulate Facebook, Google Next Year by Odunolumide(m): 6:19am On Nov 29, 2020
WorkTheTalk:
Other countries are making laws to harness social media for economic benefits. In Nigeria, social media regulation is to control free speech.
The guilty are always afraid.

I was about to type the exact thing you said.

1 Like

Re: U.K Government To Regulate Facebook, Google Next Year by Cocobongo(m): 6:19am On Nov 29, 2020
D

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