Contributions
2,740 recent contributions in Hansard
HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Thank you. On the innovation point, do you see anything in the Bill that would inhibit companies designated as SMS or make them think twice about innovating in any particular…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Sure. That is very useful, thank you. Mr Smith, I do not need to ask you any questions. I think you were very clear on the appeal standard; I was very comfortable with your…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Mr Buse, I think you will be pleased to know that everybody in the Committee has now moved their subscription for Tinder from the app store to the website to get cheaper…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Thank you for your answers.15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Thank you for the brevity of your answer. The other thing that we have heard from some of the people likely to be affected by SMS status is about the impact on innovation, for…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Sure, but the criterion that it can intervene really only where there is entrenched market power should be a protection against those worries about innovation. Neil Ross: If the…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fourth sitting)Q No doubt you are right that there are consumer and business benefits from what Google does, so thank you for the investment you made to ensure that that is the case. We will…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q On the innovation point, there are concerns that if you are designated SMS you will have to go to the CMA or DMU to seek permission to enter a new marketplace or bring forward a…15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Thank you.15 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q We have put subscription traps in the Bill. I will ask the same question I asked Mr Burrus earlier: do you see anything in the legislation that would make it difficult for…15 Jun 2023HANSARD Insolvency Law and Director DisqualificationsIt is a pleasure to serve under your chairmanship, Ms Fovargue. I add my grateful thanks to the hon. Member for Salford and Eccles (Rebecca Long Bailey) for bringing forward this…14 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q There is a forward-looking provision, is there not, for the CMA to look five years into the future and decide whether a company will have entrenched market power then? Is that…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q Professor Furman, I saw your hand up. Do you have any comments? Professor Furman: Look at the tools that the Digital Markets Unit would have under these provisions; the conduct…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q On that very point, it is something that we are keen to tackle—and Mr Coyle is right to raise it, as he has done several times today. You have talked about an evidence-based…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q Thank you for your evidence. You probably heard my questions from earlier. We are very keen to ensure that innovation continues, not just in terms of the start-ups and scale-ups…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q You make some important points that we seek to deal with in creating a fair and level playing field and protecting consumers at the same time. There is the whole point about…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q And the Online Safety Bill does not deal with that? David MacKenzie: No.13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q Noyona, you mentioned that you felt that the CMA should not be the only enforcement body that oversees the legislation. Who else do you think has the experience and expertise to…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q You may have heard my question earlier. Some of the firms that are likely to be designated as SMS might argue that this Bill will prevent them from innovating. Do you see any…13 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Second sitting)Q I know you are an expert in ex ante regulation. Obviously the way in which people can appeal any intervention by the CMA or the DMU would be only by JR, rather than on the…13 Jun 2023