UK’s competition regulator looking at formal investigation into Google

Mon Nov 23 2020
Nikki Bailey (1331 articles)
UK’s competition regulator looking at formal investigation into Google

Britain’s competition regulator the CMA said on Monday it had received a complaint about Google related to its market study on online platforms and digital advertising earlier this year.

“We take the matters raised in the complaint very seriously, and will assess them carefully with a view to deciding whether to open a formal investigation under the Competition Act,” the CMA said on Monday.

“If the urgency of the concerns requires us to intervene swiftly, we will also assess whether to impose interim measures to order the suspension of any suspected anti-competitive conduct pending the outcome of a full investigation.”

Nikki Bailey

Nikki Bailey

Nikki Bailey reports on US Stocks. She covers also economy and related aspects. She has been tracking US Stock markets for several years now. She is based in New York