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Digital Markets Bill can ‘level the playing field’ for startups 

Digital Markets Bill Amazon
Image credit: Anna Svetlova / Shutterstock.com

A bill aiming to revamp regulation of digital markets is a positive move towards breaking the monopolies of Big Tech but risks being “watered down”, according to the co-founder of a startup taking on the audiobook and e-book giants.

The Digital Markets, Competition and Consumers Bill is a piece of in-progress legislation that aims to give regulators greater powers to prevent anti-competitive practices from the largest tech companies.

Kelli Fairbrother, co-founder and CEO of XigXag, told UKTN the bill has the potential to be a “really exciting first step for the UK to try to level the playing field for app developers and consumers”.

The XigXag founder warned, however, that the legislation is at risk of being “watered down” by the companies it is aiming to keep in check....