Jurisdiction(s):
United Kingdom

DMCC Act 2024: UK digital markets SMS regime and wide-ranging competition, merger control and consumer enforcement reforms

Published on: 27 June 2024

Published by a LexisNexis TMT expert

Legal News

Article summary

More than a year on from its original introduction in the House of Commons, the DMCCA 2024 secured Royal Assent on 24 May 2024. The Act ushers in sweeping updates to UK competition rules and consumer enforcement, together with a fresh regime to oversee designated Big Tech firms across the UK.

Key takeaways

the DMCCA 2024 has finished its passage through Parliament. Although additional rules and guidance are still required, the central reforms are anticipated to commence later this year following completion of that process overall
the Act delivers the government’s digital markets strategy, featuring tailored conduct codes for specified digital businesses and a bespoke merger control system for designated companies and groups in the sector
the legislation also makes major changes to the UK competition and consumer frameworks, including the following key elements and specific measures:
- extensive and wide-ranging amendments to the Competition and Markets Authority (CMA)’s Competition Act 1998 (CA 1998) and its market study/investigation powers, including authority to levy substantial penalties for breaching market investigation orders
- a marked bolstering of consumer law enforcement, empowering the CMA to enforce directly by imposing fines and to grant compensation awards to consumers where appropriate
- new rules addressing drip pricing and the...

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