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Google could face changes to search in the UK as regulators crack down
CNBC· 2025-06-24 10:35
Group 1 - Google may face changes to its online search services in the U.K. due to regulatory concerns over its market dominance [1] - The Competition and Markets Authority (CMA) is consulting on a proposal to grant Google "strategic market status" under new competition rules [1] - The CMA has been empowered with expanded competition and merger control powers following the implementation of the Digital Markets, Competition and Consumers Act [2] Group 2 - The Digital Markets, Competition and Consumers Act allows the CMA to enforce consumer protections on tech giants and impose fines of up to 10% of global annual revenues for violations [2] - This legislation is similar to the European Union's Digital Markets Act, indicating a trend towards stricter regulation of major tech firms [2]