Antitrust Antitrust

Big Tech entry into UK financial services raises competition risks, industry watchdog warns

If tech giants further expand into the traditional UK financial services market, they could exploit increased market share to the detriment of competition, the Financial Conduct Authority warned today.

In a paper on the competition impacts of Big Tech in financial services, the regulator warned that the biggest digital platforms could gain anticompetitive

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News