The UK competition regulator has told the government to set up a digital regulator within a year or his agency will take action against Facebook and Google.
Andrea Coscelli, chief executive of the Competition and Markets Authority, told the Financial Times he was preparing to mount investigations into the two internet giants if the government did not act fast enough to curb their powers.
In his clearest statement of intent yet, Mr Coscelli said the watchdog would give the…
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