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Proposed UK competition law reforms – he ain t heavy, he s my micro-economic sibling | Hogan Lovells
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07/20/2021 | Press release | Distributed by Public on 07/19/2021 17:22
Ministers seek to stamp out rip-offs with new consumer protections
Government will protect consumers hard-earned cash and stamp out exploitation of online consumers
new powers for the competition regulator will improve enforcement and tackle subscription traps and fake reviews so people can spend with confidence
Business Secretary Kwasi Kwarteng: The UK s economic recovery relies on the strength of our markets and consumers faith in them
An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the Business Secretary Kwasi Kwarteng.
Government will protect consumers’ hard-earned cash and stamp out exploitation of online consumers
new powers for the competition regulator will improve enforcement and tackle subscription traps and fake reviews so people can spend with confidence
Business Secretary Kwasi Kwarteng: The UK’s economic recovery relies on the strength of our markets and consumers’ faith in them
An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the Business Secretary Kwasi Kwarteng.
The government will change the law so prepayment schemes like Christmas savings clubs have to safeguard customers’ money, protecting consumers’ cash as they save for the holidays. The change will prevent scandals like Farepak happening again, where tens of thousands of people, many on low incomes, lost all they had saved for Christmas when the company went bust.
Government Response to the House of Lords Select Committee on Artificial Intelligence
Published 22 February 2021 © Crown copyright 2021 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. This publication is available at https://www.gov.uk/government/publications/government-response-to-the-house-of-lords-select-committee-on-artificial-intelligence/government-response-to-the-house-of-lords-select-committee-on-arti-cial-intelligence
Presented to Parliament by the Minister for Digital and Culture by Command of Her Majesty on 22 February 2021
Regulating Facebook and Google: The growing global big tech backlash
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