"Google is facing multiple antitrust actions in the US, and European regulators have been similarly tightening the screws. You can now add the UK to the list of Google's governmental worries. The country's antitrust regulator, known as the Competition and Markets Authority (CMA), has confirmed that Google has "strategic market status," paving the way to more limits on how Google does business in the UK. Naturally, Google objects to this course of action."
"This label does not mean Google has done anything illegal or that it is subject to immediate regulation. It simply means the company has "substantial and entrenched market power" in one or more areas under the purview of the CMA. Specifically, the agency has found that Google is dominant in search and search advertising, holding a greater than 90 percent share of Internet searches in the UK."
The UK Competition and Markets Authority has designated Google with strategic market status under the new digital markets competition regime enacted earlier this year. The designation recognizes Google’s substantial and entrenched market power, particularly in search and search advertising where Google holds over 90 percent of UK internet searches, but does not imply illegality or immediate regulation. Some search-connected AI features such as AI Overviews and AI Mode are included in the scope, while Gemini is excluded. The CMA will begin consultations on interventions later this year, and initial measures will likely build on solutions Google has offered elsewhere or voluntarily in the UK.
Read at Ars Technica
Unable to calculate read time
Collection
[
|
...
]