This article is provided by BRC Associate Member, Grant Thornton.
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Grant Thorton’s article on the UK's Digital Markets, Competition and Consumers Act outlines major updates in consumer protection and competition law. It details the CMA’s new powers to impose fines and remedies without court proceedings, and the creation of the Digital Markets Unit with a focus on regulating the most powerful digital firms.
Key provisions, including bans on unfair pricing and enhanced consumer protections, are expected to take effect from April 2025. The article includes a recent case study on dynamic pricing and is essential reading for to stay compliant with the new changes.