A new independent expert panel looking at competition in the digital economy has been launched in the UK.
Philip Hammond formally appointed the panel, which comprises Diane Coyle (Bennett Professor of Public Policy at the University of Cambridge), together with Professors Amelia Fletcher, Derek McAuley and Philip Marsden. These experts join Professor Jason Furman, former economic adviser to Barack Obama, who is leading this important work that will help ensure the UK remains at the centre of the digital revolution.
The Chancellor of the Exchequer, Philip Hammond, said:
“Our digital economy is one of the UK’s great strengths, employing two million people across the country. But people are concerned that the big players could be accumulating too much power in our new digital world.”
“The work this panel is doing will help ensure we have the right regulations so that our digital markets are competitive and consumers are protected”.
Read Diane Coyle’s recent working paper on Practical competition policy tools for digital platforms here.