logo
UK regulators target Google search practices

UK regulators target Google search practices

Express Tribune6 days ago

Miniature figures of people are seen in front of the new Google logo in this illustration taken May 13, 2025. Photo:REUTERS
Listen to article
Britain's competition regulator said it may force Google to rank businesses more fairly in search results, marking the first use of expanded powers to oversee the world's biggest tech companies.
The Competition and Markets Authority (CMA) is proposing to designate Alphabet-owned Google with "strategic market status", it said on Tuesday, giving it more power to intervene in search services to increase innovation and economic growth.
If confirmed in October, the designation could compel Google to enhance transparency for publishers, simplify access to rival search services and facilitate data portability for competitors.
CMA Chief Executive Sarah Cardell said Google, which accounts for more than 90% of search queries in Britain, had delivered tremendous benefits but the regulator had found ways to make markets more competitive and innovative.
CMA takes first steps to improve competition in search services in the UK.
We've proposed to designate Google with strategic market status under the new Digital Markets Competition Regime.https://t.co/hla7I5b56K — Competition & Markets Authority (@CMAgovUK) June 24, 2025
"These targeted and proportionate actions would give UK businesses and consumers more choice and control over how they interact with Google's search services - as well as unlocking greater opportunities for innovation across the UK tech sector and broader economy," she said.
Millions of Britons relied on Google as a gateway to the internet and more than 200,000 businesses depended on Google search advertising to reach their customers, the regulator said.
The CMA, which gained global prominence when Britain left the European Union, aims to use its expanded power to rein in the power of tech giants such as Google, Apple, Meta and Microsoft without stifling investment or growth.
The CMA's targeted approach contrasts with the EU's broader enforcement of digital regulations, as Britain seeks to balance curbing the dominance of tech giants with fostering economic growth post-Brexit.
New powers
Cardell said the CMA had set out a roadmap of changes the company could make ahead of a final decision in October.
Google said on Tuesday that the CMA's SMS designation did not imply anti-competitive behaviours, but that its announcement presented clear challenges to critical areas of its business in Britain.
"We're concerned that the scope of the CMA's considerations remains broad and unfocused, with a range of interventions being considered before any evidence has been provided," said Oliver Bethell, Google's senior director for competition.
The CMA said it planned further action to address more complex issues, starting in 2026, such as concerns about Google's treatment of rival specialised search firms and transparency and control in search advertising.
The regulator's second investigation under its new powers into mobile operating systems also targets Google, as well as Apple. It could see the company receive another designation focused on its Android operating system.
The CMA can impose fines for non-compliance and has direct enforcement powers.
Google has been subject to increasing regulatory scrutiny in the United States and the European Union, spanning search, advertising, AI, and digital platform practices.
Over the past year it was found to have monopolised search and online ads in two major US rulings, and it was charged in March by the European Commission with breaching landmark EU digital rules.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada scraps digital services tax, paving way for renewed US trade talks
Canada scraps digital services tax, paving way for renewed US trade talks

Express Tribune

time32 minutes ago

  • Express Tribune

Canada scraps digital services tax, paving way for renewed US trade talks

US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House in Washington, DC, US, May 6, 2025. REUTERS Listen to article The United States will resume trade negotiations with Canada immediately after Ottawa scrapped its digital services tax targeting US technology firms, White House economic adviser Kevin Hassett said on Monday. "Absolutely," Hassett said on Fox News Channel when asked about the talks restarting. US President Donald Trump had asked the Canadians to take the tax off at a G7 meeting in Canada earlier in June, he said. "It's something that they've studied, now they've agreed to, and for sure, that means that we can get back to the negotiations." Canada halted its plans to begin collecting a new digital services tax targeting US technology firms just hours before this was due to start on Monday in a bid to advance stalled trade negotiations with the US. Canada's finance ministry said late on Sunday that Prime Minister Mark Carney and Trump would resume trade negotiations in order to agree on a deal by July 21. "Thank you Canada for removing your Digital Services Tax which was intended to stifle American innovation and would have been a deal breaker for any trade deal with America," US Commerce Secretary Howard Lutnick responded in a post on X. Stocks hit record highs on Wall Street on Monday morning as sentiment in the markets rose amid optimism about US trade negotiations with key partners, including Canada. US Treasury Secretary Scott Bessent also struck an optimistic tone over the potential for "a flurry" of trade deals ahead of a July 9 deadline, after which 10% US tariff rates on imports from many countries are set to snap back to Trump's April 2 announced rates of 11% to 50%. But Bessent, speaking on Bloomberg Television, warned that countries may not get extensions from that deadline, even if they are negotiating in good faith as he suggested previously. Any extensions would be up to Trump himself, Bessent said. Trump abruptly called off trade talks with Canada on Friday over Ottawa's digital services tax, saying it was a "blatant attack." He reiterated this on Sunday, pledging to set a new tariff rate on Canadian goods within the next week, which threatened to push US -Canada relations back into chaos after a period of relative calm. "We have countries that are negotiating in good faith, but they should be aware that if we can't get across the line because they are being recalcitrant, then we could spring back to the April 2 levels," Bessent said. "I hope that won't have to happen." Trump and Carney met at the G7 summit, with the Canadian prime minister saying they had agreed to wrap up a new economic agreement within 30 days. Canada's planned digital tax was 3% of the digital services revenue a firm takes in from Canadian users above $20 million in a calendar year, and payments were to be retroactive to 2022. It would have impacted giant US technology firms, including Meta, Alphabet's Google and Apple. The tax collection slated for Monday will be halted, a statement from Canada's finance ministry said. Finance Minister Francois-Philippe Champagne will bring forward legislation to rescind the Digital Services Tax Act. Canadian business groups applauded Carney's decision as well as the US Congress' removal of a "revenge tax" provision from Republican tax legislation, known as 899. "The decision to eliminate the DST makes sense. This tax would have fallen on Canadian consumers, businesses, and investors in the form of higher costs and hurt our economy at a critical time," said David Pierce, vice president of Government Relations at the Canadian Chamber of Commerce in a statement. Some observers said Carney's decision ran counter to his campaign promises, however. Carney's Liberal party won an election in April pledging to stand up to Trump. "It feels like we're standing down really quickly," said Vass Bednar, managing director of the Canadian Shield Institute for Public Policy, a think tank. Opposition Conservative Party leader Pierre Poilievre said Carney needs to demand concessions from Trump. "Canadians need certainty that Liberals will put Canada First and defend Canadian sovereignty in these negotiations," Poilievre said on X. Canada is the second-largest US trading partner after Mexico, and the largest buyer of US exports. It bought $349.4 billion of US goods last year and exported $412.7 billion to the US, according to US Census Bureau data. Canada had escaped Trump's broad tariffs imposed in April but still faces other duties, including 50% on steel and aluminum exports to the United States.

Oil prices slip on easing Middle East risks
Oil prices slip on easing Middle East risks

Business Recorder

time4 hours ago

  • Business Recorder

Oil prices slip on easing Middle East risks

HOUSTON: Oil prices slipped on Monday as investors weighed easing Middle East risk alongside a possible OPEC+ output increase in August and uncertainty over the global demand outlook. Brent crude futures edged down by 19 cents, or 0.3%, to $67.58 a barrel at 10:01 a.m. EDT (1501 GMT), ahead of the August contract's expiry later on Monday. The more active September contract was down 34 cents at $66.46. U.S. West Texas Intermediate crude was down 62 cents, or 1%, at $64.90 a barrel. The Brent and WTI benchmarks posted their biggest weekly declines since March 2023 last week but are set for a second consecutive monthly gain of 5.8% and 6.8% respectively. A 12-day war that started with Israel targeting Iran's nuclear facilities on June 13 sent prices above $80 a barrel before sliding back to $67. 'Supply increases and a bearish demand outlook by data reporting agencies will likely start to drive oil markets onceagain after tensions appear to have cooled between Iran and Israel,' StoneX analyst Alex Hodes said in a note on Monday. Four OPEC+ sources told Reuters last week that the group was set to boost production by 411,000 barrels per day (bpd) in August after similar increases for May, June and July. Oil steadies after report of planned OPEC+ Aug output hike 'I believe this potential supply pressure remains under-priced, leaving crude vulnerable to further weakness,' said Ole Hansen, head of commodity strategy at Saxo Bank. ' soon we will enter the demand shoulder season where OPEC+ increases will become much more visible, and harder to ignore.' The oil producer group is set to meet again on July 6. Some market tightness remains despite rising output, however, with lower than expected production increases while exports from OPEC+ countries have remained stable, said Giovanni Staunovo, analyst at UBS. A Reuters survey found that OPEC oil output rose in May, but gains were limited by cuts by countries that had previously exceeded their quotas. Saudi Arabia and the United Arab Emirates, meanwhile, made smaller increases than allowed. Kazakhstan, which has persistently exceeded quotas set by OPEC+, may exceed its previous oil production forecast by around 2% this year following an upgrade to output at its largest Caspian oilfields, Reuters calculations, based on data from state-owned energy company KazMunayGaz, showed. A survey of 40 economists and analysts in June forecast Brent crude will average $67.86 per barrel in 2025, up from May's $66.98 forecast, while U.S. crude is seen at $64.51, above last month's $63.35 estimate.

At least 12 dead after fire at Sigachi plant in India's Telangana state, police say
At least 12 dead after fire at Sigachi plant in India's Telangana state, police say

Business Recorder

time7 hours ago

  • Business Recorder

At least 12 dead after fire at Sigachi plant in India's Telangana state, police say

HYDERABAD/BENGALURU: At least 12 people died and more than 26 were injured after an explosion at a unit of pharmaceutical company Sigachi Industries in India's Telangana state led to a fire on Monday, police said. Four people are in an 'extremely critical condition', while 10 are still stuck inside the plant, V. Satyanarayana, Inspector General of the Hyderabad region, told Reuters. 'It appears like a blast in and around the reactor unit, which led to the fire,' Satyanarayana said, adding that 'there is still fire and flames near the reactor area where it appears like the accident started.' Indian Prime Minister Narendra Modi offered his condolences and announced an ex-gratia payment of 200,000 rupees ($2,332.72) for the next of kin of each deceased and 50,000 rupees for those injured. Fire in India's Hyderabad kills at least 17 people The pharmaceutical company's shares closed nearly 12% lower, clocking its worst session since mid-March 2024. Sigachi services various industries, including pharmaceuticals, food, cosmetics and chemicals. Sigachi Industries did not respond to Reuters requests for comment.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store