On 24 May 2024, the Digital Markets, Competition and Consumers Bill received Royal Assent.
The Bill, which was introduced in April 2023, is intended to create a regime to empower the Competition and Markets Authority (CMA) to regulate and increase competition in digital markets. It also updates powers to enforce competition law and resolve consumer disputes, and aims to protect consumers from unfair commercial, subscription, prepayment and saving schemes.
The text of the Act is yet to be published.