Related insights: Regulatory
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The Digital Markets, Competition and Consumer Bill was finally published on 25 April 2023 and could become law later this year. The Bill proposes a raft of reforms to strengthen the enforcement of consumer protection laws by, for example, handing the Competition and Markets Authority (CMA) the ability to decide when consumer law has been infringed and to then directly fine companies up to 10% of their global turnover. This would replace going through a court process that can take years.