In a two-part webinar series, members of Monckton Chambers will discuss the competition and consumer law aspects of the new Digital Markets, Competition and Consumers Bill, as introduced in Parliament on 25 April 2023. The first webinar (Wed 3 May at 1pm) will explore competition law aspects of the Bill, and the second webinar (Wed 10 May at 1pm) will explore consumer law aspects. You can sign up to these respective webinars here and here. Further information is below.
Date: Wednesday 3 May 2023 at 1pm – 2pm
In the first rapid response webinar, the panel will address the competition law aspects of the Bill, namely Part 1 on Digital Markets and Part 2 on Competition. Part 1 of the Bill puts the Digital Markets Unit in the CMA on statutory footing and introduces a new regulatory regime for digital markets. Part 2 of the Bill introduces a number of reforms to UK competition law more generally, including in relation to: investigative and enforcement powers; the powers of the CAT; mergers; and the scope of the Chapter 1 prohibition. The panel will discuss the genesis for these new substantive and procedural provisions; their relationship with the EU’s Digital Markets Act; and how they will work in practice, once enacted.
The recording is available here
Date: Wednesday 10 May 2023 at 1pm – 2pm
In the second rapid response webinar, the panel will address the consumer law aspects of the Bill, namely Part 3 on enforcement of consumer law and Part 4 on consumer rights and disputes. The Bill introduces new, substantive consumer protection measures (including on subscription traps and fake reviews), as well as providing the CMA with new tools to enforce consumer law directly and new remedies e.g. the CMA and the Courts will have the power to impose penalties of up to 10% of global turnover for breaching consumer law. The panel will discuss the genesis for these new substantive and procedural provisions, and how they will work in practice, once enacted
The recording is available here.