How the EU and the UK are gearing up for future regulatory battles with Big Tech
06 November 2020 00:00
Duration: 23:58
Speak to regulators around the world and you’re likely to hear the same complaint: With technology moving so fast, those overseeing digital giants need an expanded toolbox. The European Commission is tackling the problem by putting forward a proposal that would give the EU regulator new powers with which to tackle the antitrust challenges posed by Big Tech — a proposal named the Digital Markets Act. Meanwhile, UK competition regulators are considering additional firepower to tackle what are referred to as “killer acquisitions” — tech giants swooping in on startups to ward off future competition. However, drawing the line between a killer acquisition and a strategically savvy investment may prove problematic.
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Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Nicholas Hirst Chief Correspondent
Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.