Contributions
2,186 recent contributions in Hansard
HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)Clause 9 relates to initial SMS investigations. It sets out the circumstances under which the DMU can start an initial SMS investigation. An initial SMS investigation is for…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)I will cover most of the points in my main speech, but the reasons for designation of SMS status will be published, so that will be public. I will cover the points on the…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Sixth sitting)I turn to the clauses on commitments related to conduct requirements. The ability of the DMU to accept commitments, which are voluntary and binding obligations, from SMS firms is…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)I thank my hon. Friend.20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)The hon. Lady makes a good point, which relates to what my hon. Friend the Member for Broadland said about fluctuation of turnover and what companies may do with their turnover.…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Sixth sitting)Oh yes. It is important that we examine the efficacy of the final offer mechanism, so it is appropriate that that will be covered in the CMA’s review of all its work, and that we…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)Amendments 55 to 57 relate to ensuring that the DMU will be able to use, in its digital markets investigation, evidence that was gathered and consultations that were undertaken…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)It is a pleasure to serve under your chairmanship, Dame Maria, and to address the Committee today. I thank all its members for volunteering to serve on this Committee, and I look…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)The hon. Gentleman is absolutely right that we have to keep all these things in our purview, because if we get this wrong, that just embeds the entrenched power that we are…20 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Fifth sitting)That is a very good point. I do not think that I can give my right hon. Friend a specific example. If particular technicalities are involved, we do not want to put an arbitrary…20 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)It is a pleasure to serve under your chairmanship, Dame Angela. Clause 1 defines the type of trade documents that may fall within the scope of the Bill. It does so by setting out…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)The clause provides the change of medium or form of a trade document—that is, it allows for the conversion of a paper trade document to an electronic one, or vice versa. Question…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)I beg to move amendment 1, in clause 5, page 3, line 24, leave out “Secretary of State” and insert “appropriate authority”. This amendment provides for regulations under clause…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)The clause defines the criteria that a trade document in electronic form will need to meet to fall within the scope of the Bill, and therefore to be legally equivalent to a paper…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)This clause provides that a person may possess, and part with possession of, an electronic trade document. It removes the legal blocker that prevents trade documents in electronic…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)Clause 6 provides for consequential changes to the Bills of Exchange Act 1882 and the Carriage of Goods by Sea Act 1992. Clause 7 sets out the territorial extent of the Bill, the…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)Clause 5 contains an opt-out provision that allows industry participants to design their documents so that they are not caught by the Bill and are not possessable if they prefer…19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)I think I have, yes. I got a bit excited there.19 Jun 2023HANSARDElectronic Trade Documents Bill [ Lords ] (First sitting)I am glad that we were able to get there by the end. The Government have undertaken significant legal works, including by engaging independent legal counsel to analyse and ensure…19 Jun 2023HANSARDDigital Markets, Competition and Consumers Bill (Third sitting)Q Thank you for that. These two panels are getting right to the heart of the Bill. Obviously, Kelkoo had financial damage that held it under water some time ago. Match is…15 Jun 2023