Digital Markets, Competition and Consumers Act 2024

Overview of the Act

Reproduced verbatim from the Explanatory Notes published with the Act on legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Explanatory Notes are prepared by the responsible government department and are not part of the Act.

The Digital Markets, Competition and Consumers Act ("the Act") creates a new regime to increase competition in digital markets by conferring powers and duties on the Competition and Markets Authority ("CMA") to regulate competition in these markets; updates powers to investigate and enforce competition law; updates and enhances powers to investigate and enforce consumer protection law and resolve consumer disputes; and gives consumers protections in respect of unfair commercial practices, subscription traps and prepayments to savings schemes.