The U.K.’s competition watchdog has warned that a new regulator may need to be set up to deal specifically with the market dominance of tech firms such as Google and Facebook and how they use and sell customer data to maintain market share.
The Competition and Markets Authority (CMA) said it would consider a number of measures to increase consumer protection, including blocking technology giants from sharing data between different parts of their businesses as a way of boosting revenues through online advertising.
