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Shock UK Regulatory Coup Gives Government Sweeping Control Over US Tech

london’s digital markets, competition and consumers act gives regulators the power to stop any acquisition, anywhere, for basically any reason they wantA UK regulator will soon be handed a raft of sweeping powers that will allow it to subject American tech companies to aggressive legal interventionsA new “ex-ante” framework means companies will be forced to work with regulators at the level of product designThe DMCC’s vague definitions and exotic terminology also give the UK virtually unlimited ...

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