U.K. Competition Watchdog Prepares to Investigate Tech Giants Under New Rulebook https://t.co/5AX9c9jeSN via @WSJ
IBM’s Acquisition of HashiCorp Investigated by UK Competition Authority https://t.co/WXpGi2robQ #technews #technology
UK Digital Markets, Competition and Consumers Act: What You Need to Know https://t.co/jOfTyb5mX6 #technology #technews
The U.K. Competition and Markets Authority (CMA) has outlined its initial plans for a new digital markets competition regime aimed at enhancing fairness in the digital marketplace. This initiative comes as the CMA considers conditional approval for a $35 billion merger between Synopsys and Ansys. Additionally, the CMA is investigating IBM's acquisition of HashiCorp, reflecting a broader scrutiny of technology giants under the recently established regulatory framework. The new rules are part of the U.K. Digital Markets, Competition and Consumers Act, which seeks to ensure a more competitive environment in the tech sector.