UK Implements Tough New Tech Regulations to Protect Consumers.

The UK government is set to introduce a new law to regulate the power of big tech companies such as Google, Facebook, and Amazon, and to protect consumers by making it easier to opt out of online subscriptions and tackle fake reviews. The legislation will give the Competition and Markets Authority's Digital Markets Unit new powers over tech companies with a global turnover of more than £25bn or a British turnover above £1bn. The CMA will be able to tailor rules for tech companies to stop them unfairly disadvantaging smaller businesses and consumers, and they could be fined up to 10% of global turnover if they breach the rules.