Google, Amazon, Facebook Likely to Face Regulation, Probes in the U.K.
Internet giants including Google, Facebook and Amazon will soon be subject to new Internet regulation in the U.K. that is exptected to increase companies’ compliance costs and limit their capacity to generate revenue. In an unusual coordinated move, parliament, government and the antitrust regulator launched different initiatives in March aimed at providing new powers to the Competition and Markets Authority (CMA).