business / economy
3 hours ago

Former Amazon Exec Appointed Interim Chair of UK's Antitrust Watchdog Amid Calls for Growth

Former Amazon Exec Appointed Interim Chair of UK's Antitrust Watchdog Amid Calls for Growth
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7 Highlights
  • Doug Gurr named interim chair of CMA, replacing Marcus Bokkerink.
  • Bokkerink left due to differing views on CMA's growth strategies.
  • CMA granted new powers to manage large tech firms in the UK.
  • CMA aims to balance competition within digital markets.
  • Government criticized CMA's growth efforts, seeking improvement.
  • Proposals including AI fraud tools were unsatisfactory to ministers.
  • Gurr to foster a regulatory environment friendly to tech growth.
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