A report from the U.K. government states the British government needs to revamp its antitrust policies in response to large tech companies’ effect on consumer choice and innovation, The New York Times reports. The panel behind the report, led by Harvard Professor of Economic Policy Jason Furman, found the U.K. needs stricter rules on acquisition and oversight to ensure smaller companies can survive in the industry. The report pushes for the creation of a “digital markets unit,” which would require companies to allow consumers to move their information between services. Under the proposal, large tech companies would also be forced to make data available to competitors. (Registration may be required to access this story.)
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