Contributions
2,186 recent contributions in Hansard
HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)I am trying to remain specific, rather than widening the discussion to other regulatory issues, because the provisions must be specific to the matter that we are discussing; I…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)To answer the one easier question that the hon. Lady asked, I can assure her that we will not weaken the provisions. Amendment 13 agreed to. Amendments made: 14, in clause 69,…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)I beg to move amendment 25, clause 81, page 49, line 15, at end insert— “(d) a requirement in a direction under section 87 of EA 2002 (delegated power of directions) given by…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)Government amendment 25 seeks to correct the list of “related requirements” in clause 81 to include pro-competition order directions. The Competition and Markets Authority has the…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)The CMA could ask for a public version to be published on its website. It will be reported to the firm in full, but the majority of the publication in all such things will be…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)I beg to move amendment 26, in clause 83, page 50, line 11, leave out “a designated” and insert “an”. This amendment, together with Amendments 27, 28, 29, 30, 31, 32 and 33…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)Government amendment 26 seeks to clarify that the CMA can impose a penalty on a former SMS firm that no longer has strategic market status in relation to conduct that occurred…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Eighth sitting)The hon. Lady mentioned “without reasonable excuse”. The onus is on SMS firms to prove that they have an excuse for committing a breach. That approach reflects the bespoke…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)To create self-sustaining and dynamic competition in UK digital markets, we must address the sources of SMS—strategic market status— firms’ substantial and entrenched power in…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)rose—22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)I will try to cover as many of those points as I can. On the difference between AEC and AECC and adverse effects on consumers and competition, that is effectively built into the…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)That is a fair point. The best I can say is as soon as is practicable. I talked about the fact that speed is important, but it really depends on the complexity of the case and…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)The way that consultation is done depends. If there is something starkly obvious to everyone, it may be that only minimal consultation is needed. If it is more technical, it will…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)Yes, that is the case. Question put and agreed to. Clause 44 accordingly ordered to stand part of the Bill. Clause 45 Power to begin a PCI investigation etc Amendment made : 12,…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)These clauses comprise chapter 5, “Mergers”, and schedule 2 provides further detail needed for chapter 5 to function smoothly. Clause 55 establishes a requirement for SMS firms to…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)Clause 69 is a backstop power enabling the Digital Markets Unit to supervise firm-led tests and demonstrations, either at a firm’s premises or remotely. It will be available only…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)I note that if there were a word cloud of comments from the hon. Member for Pontypridd, “We are not amending at this stage” would be quite high up. Duly noted. On the matter…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)Clauses 77 to 80 introduce the final elements to support the DMU’s investigatory powers. Clause 77 will give the DMU the power to authorise a skilled person to provide a report to…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Seventh sitting)I thank the hon. Lady. I will probably write to her with examples of where that measure might come in. As I have said, it does not come in if there is an exemption for people with…22 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)Thank you, Dame Maria. I will cover the clause first. It enables the DMU to introduce conduct requirements to govern the behaviour of SMS firms. That will help manage the effects…20 Jun 2023