Ahead of Trump’s visit, the United Kingdom plans to specify iPhone maker Apple and Google as having a “strategic market advantage” over rivals, subjecting them to new regulations and potential fines.
England’s iconic Big Ben clock tower. Image Credit: Amar Saleem/Pexels
England’s iconic Big Ben clock tower. Image Credit: Amar Saleem/Pexels
The UK’s Digital Markets, Competition, and Consumers Act emulates the European Union’s Digital Markets Act (DMA). However, unlike the EU, the UK has decided to ignore firms such as Amazon and Microsoft, and instead solely target Apple and Google.
While the UK has officially already conducted negotiations over US tariffs, certain details are not to be determined until Trump visits the country. He’s currently due in the UK in late July, when according to the Washington Examiner, the government plans to introduce the new regulations.