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The U.K.’s competition watchdog is staking its place in the Big Tech backlash

The CMA has featured in many headlines over the last year.

In recent weeks, it had put the kibosh on the merger between Seedrs and Crowdcube who are U.K.’s largest equity crowdfunding platforms and the Competition and Markets Authority’s probe into Facebook’s acquisition of Giphy is the regulator’s latest move as it takes on a more high-profile role in regulating Big Tech.

In the month of April, the authority has created a new division within its ranks called the Digital Markets Unit, established to direct more resources into policing competition in the U.K.’s digital market.

Source- CNBC

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