New UK Watchdog to Curb Market Dominance of Tech Giants

New UK Watchdog to Curb Market Dominance of Tech Giants
Facebook, Google, and Twitter logos are seen in this combination photograph. Reuters
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The UK will launch a new watchdog to curb the market dominance of tech giants such as Google and Facebook, and level the playing field for consumers and small businesses, the government said on Friday.

A dedicated Digital Markets Unit will be set up to regulate the behaviour of market-dominating online platforms and create more competition, giving smaller businesses and news outlets a chance to thrive, the government said in a statement.