AI Summary of Introductory Text
The document outlines the enactment of an Act aimed at regulating competition in digital markets, specifically amending the Competition Act 1998 and the Enterprise Act 2002. The legislation is designed to address issues of competition law within digital economies and to enhance the regulatory framework governing such markets, ensuring fair competition.
Additionally, the Act provisions for the protection of consumer rights, establishing further rights for consumers in the digital realm. These measures are intended to create a more equitable marketplace, fostering transparency and accountability among digital service providers and ensuring that consumer interests are safeguarded in conjunction with competition law reforms.
Introductory Text
2024 Chapter 13
An Act to provide for the regulation of competition in digital markets; to amend the Competition Act 1998 and the Enterprise Act 2002 and to make other provision about competition law; to make provision relating to the protection of consumer rights and to confer further such rights; and for connected purposes.
[24th May 2024]
BE IT ENACTED by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows: -