Lord Clement-Jones: Digital Markets, Competition and Consumers Bill in the House of Lords; AI Rules
The long-awaited UK Digital Markets, Competition and Consumers Bill was under the 2nd reading in the House of Lords. Just before that we recorded an interview with one of the most experienced legislators in the area Lord Tim Clement-Jones.
During the interview we discussed various aspects of the DMCCb, acknowledging its numerous advantages in comparison with EU Digital Markets Act – but looking mainly at its shortcomings and potential pitfalls. We discussed inter alia 3 fundamental problems of the Bill: mandatory efficiency defence and a nonsensical in terms of formal logic and dangerous in terms of the procedure provision of Sec 5 – designation criterion mandating the CMA to do a 5-year (sic!) forward(sic!)-looking analysis in order to demonstrate (pause) entrenched (sic!) status of the undertaking. It is impossible to do right by definition, and each designated undertaking will have it very easy to show in the CAT a few years after designation – and under any standard – and thus reset all CMA proceedings against it to level 0.
We have also covered many other aspects of UK digital agenda.
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The Digital Markets Research Hub is an independent academic initiative aiming at scrutinising the functioning of competition/regulation in digital markets. We host one-to-one interviews with leading policymakers, regulators and practitioners. We also organise online mini-workshops inviting high-profile experts and academics in various fields of digital competition law & policy to discuss the most vibrant issues of the ongoing regulatory reforms in digital markets.
While having our clear normative stand on the matters discussed within the hub, we value different views and invite relevant stakeholders and thinkers representing the whole spectrum of reasonable positions on how to regulate competition in digital markets.
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