LONDON, Oct 10 (Reuters) - Britain on Friday designated
Google with "strategic market status" in online search, the
first time it has deployed new powers to tackle the dominance of
big tech and paving the way for interventions it deems
necessary.
The Competition and Markets Authority's move enables it to
compel the Alphabet-owned company to change the way it operates
in Britain in the search market.
The regulator, which can impose fines for non-compliance and
has direct enforcement powers, said in June its actions would be
"targeted and proportionate", and would unlock innovation in the
British tech sector and broader economy.
The proposed steps from the CMA in June included fairer
ranking in search and offering consumers more access to
alternatives search engines.