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Digital Technology: Takeovers

Question for Department for Business, Energy and Industrial Strategy

UIN HL1620, tabled on 12 February 2020

To ask Her Majesty's Government what steps they are taking, if any, to ensure that the acquisition of smaller companies by Facebook, Amazon, Apple, Microsoft or Google is transparent.

Answered on

24 February 2020

In March last year, the Digital Competition Expert Panel, led by Professor Jason Furman, made a series of recommendations for how the UK’s competition framework can face the challenges posed by digital markets. The Government welcomed this report and is carefully considering the Panel’s recommendations. The Government will respond in due course.