Morgan Lewis partners Leonidas Theodosiou and Daniel Savrin authored an article for Law360 that discusses how the UK’s Digital Markets, Competition and Consumers Act 2024 (DMCCA) gives the Competition and Markets Authority (CMA) powerful new enforcement tools that allow it to impose significant fines and compel redress without going to court.
Companies, especially those in consumer-facing sectors, may want to review and update their marketing, pricing, and contract practices to ensure compliance with the CMA’s new enforcement powers under the DMCCA. Noncompliance could lead to fines, reputational harm, or a potential rise in consumer litigation.