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Competition

Competition in digital markets fosters a diverse marketplace of ideas and innovations, enabling the widespread availability of new technologies and promoting economic opportunity. Yet, the promise of the digital age to spur competition and lower barriers to entry for entrepreneurs is fading as a small handful of large tech companies have leveraged massive scale, acquisitions, and exclusionary practices to control entire industries and dominate markets. To reverse this trend, regulatory agencies can enforce antitrust laws to reduce market consolidation and inhibit anti-competitive conduct. Policymakers can also examine other policy options, such as interoperability mandates, to give consumers more choices in digital markets and utilize government purchasing power to support smaller players. Moreover, policymakers should be mindful of how well-meaning regulations could further entrench dominant companies and raise barriers to entry.

Google Search Investigation is a First Test for New UK Competition Law
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