Parliamentary Committees and Public Enquiries
Chairman responds to CMA's digital strategy and digital advertising market study
Lord Gilbert of Panteg, Chairman of the Communications Committee, has responded to the announcement of the Competition and Markets Authority (CMA) that it will conduct a market study of the advertising market as part of a new Digital Markets Strategy.
- CMA Digital Markets Strategy
- CMA: Market study into online platforms
- Report: Regulating in a digital world (HTML)
- Report: UK advertising in a digital age (PDF)
Lord Gilbert has responded to the CMA's new digital markets strategy:
"On behalf of the Lords Communications Committee, I welcome the CMA’s decision to undertake a market study of digital advertising and its digital markets strategy. The Communications Committee called for a market study in its reports 'UK advertising in a digital age' and 'Regulating in a digital world'. We found that the market for delivering digital advertising to consumers is dominated by a small number of very large companies but is poorly understood and opaque. This market study should shine a light on the inner workings of the market and help the UK advertising industry regain the trust of the public.
"More broadly the Committee believes that digital markets pose significant challenges to competition regulators. Market power on the internet is concentrated in a small number of companies. These online platforms have significant market shares and buy start-up companies before they can become competitive. Their size means they can cross-subsidise services across markets to make them free to users. This challenges the traditional understanding of the consumer welfare standard. Competition regulators have struggled to keep pace with fast-changing digital markets. I hope that the CMA’s digital markets strategy will be an important step in addressing these issues."
Latest News from
Parliamentary Committees and Public Enquiries
Government’s target for ‘net-zero’ by 2050 undeliverable unless clean growth policies introduced23/08/2019 09:25:00
The Science and Technology Committee has highlighted the lack of Government policies in place to deliver the net zero target by 2050 and recommends 10 steps the Government should take to meet this legally binding target.
Local services will continue to decline until Government tackles £5 billion funding gap21/08/2019 11:25:00
The Government has been derelict in its duty to local authorities by failing to set out a funding settlement that addresses immediate service pressures or plan for future challenges.
Tougher actions needed to tackle driving while using a mobile phone13/08/2019 10:10:00
The Government should consider tougher restrictions on driving while using a mobile phone and stricter enforcement of the law to prevent the ‘entirely avoidable’ tragedy of deaths and serious injuries from related crashes on the roads, MPs say.
Funding for science research in universities in jeopardy, warns Lords Committee08/08/2019 11:20:00
The Augar Review did not take a holistic approach to the funding of universities and made no attempt to assess the potential impact of its recommended changes in the funding of higher education on the funding of research.
Parliament’s role in authorising the use of military force should be strengthened, but the Government’s ability to act should not be compromised, says PACAC report06/08/2019 11:20:00
The post-Iraq consensus that Government should seek Parliament’s prior approval for military action is today strengthened by a report from the Public Administration and Constitutional Affairs Committee (PACAC).
Government “complacent” about cost transparency failings in pensions industry05/08/2019 12:43:00
In its latest major report on the functioning of the UK pensions industry, published today, Monday 5 August 2019, the Work and Pensions Committee says it is “unconvinced” that the industry will rise to the challenge of providing clear, transparent information to pension schemes about the costs and charges of investments.
Post-Brexit agricultural funding must meet the needs of Scottish farming01/08/2019 11:25:00
In its final report on the future of Scottish agriculture, the Scottish Affairs Committee argues that Brexit presents an opportunity to address failings in the agriculture funding formula, which has led to Scottish farms and crofts receiving low levels of funding.
Fundamental shift needed for enforcing the Equality Act31/07/2019 10:05:00
The Women and Equalities Committee yesterday published a report on Enforcing the Equality Act: the law and the role of the Equality and Human Rights Commission.
Mainstreaming disability inclusion across DFID’s work is welcome but progress must continue30/07/2019 16:20:00
In a report published today, the International Development Committee has welcomed the Department for International Development’s recent work on mainstreaming disability inclusion but urges continued effort.