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.
"We have found that Google maintains a strategic position in
the search and search advertising sector - with more than 90% of
searches in the UK taking place on its platform," the CMA's
Executive Director for Digital Markets Will Hayter said in a
statement.
The watchdog said the designation was not a finding of
wrongdoing and that it did not introduce any immediate
requirements.
Google's Senior Director for Competition Oliver Bethell
said: "Many of the ideas for interventions that have been raised
in this process would inhibit UK innovation and growth,
potentially slowing product launches at a time of profound
AI-based innovation."
The CMA, 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
alternative search engines.