Google and Facebook investigated over dominance of UK’s digital ad market

Competition watchdog to focus on control of consumers’ data and potential abuse of powerThe UK competition watchdog has launched an investigation into the way Google and Facebook collect and exploit personal data and have used their power to dominate t…

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Financial regulation is costly and complex – time for a big tech solution

Cryptocurrencies, new payment systems and digital banking all signal a financial revolution that needs better oversightBanking supervision teams at the Bank of England “now receive the equivalent of twice the entire works of Shakespeare of reading each…

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UK firms overcharging loyal customers could soon face instant fines

Watchdog could get new powers over mobile, broadband and insurance providersFirms that exploit consumer loyalty by overcharging longstanding customers could soon face instant fines under plans unveiled by the government.The “loyalty penalty” is estimat…

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