Summary of the day
Updated 2 March 2020
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On 3 March 2020, the Competition and Markets Authority (CMA) hosted a digital event in London. This event brought together leading experts, competition authorities and academics to explore how technology is changing business models, investment in the digital economy and what this means for regulation.
CEO Andrea Coscelli welcomed delegates to the event, and Chairman, Lord Andrew Tyrie set the scene through an opening speech:
One way or another, we’re all trying to respond to the same question, how to shape the future development of digital markets in a way that can harness the benefits and minimise the harm.
Andrew Tyrie, CMA Chairman
Understanding Digital Markets: Introduction and speech from Lord Tyrie
The first panel discussed the impact of technology on business models and practices.
Martin Coleman (CMA Panel Chair and Panel Inquiry Chair) chaired the session, and was joined by:
- Tom Blomfield (Founder, Monzo)
- Magnus Brooke (Director of Policy and Regulatory Affairs, ITV)
- Ronan Harris (VP & MD UK & Ireland, Google)
- Heath Terry (Managing Director, Goldman Sachs)
- Joe Ward (Director of Regulatory Affairs, BT)
Understanding Digital Markets: the impact of technology on business models and practices
The second panel discussed the implications for future competition policy and practice.
Andreas Coscelli (CEO, CMA) chaired the session, and was joined by:
- Professor Diane Coyle (University of Cambridge)
- President Andreas Mundt (Bundeskartellamt)
- Professor Fiona Scott Morton (Yale School of Management)
- President Isabelle de Silva (Autorité de la Concurrence)
- Commissioner Rebecca Slaughter (Federal Trade Commission)
Understanding Digital Markets: Implications for future competition policy and practice
To close the event, Andrea Gomes da Silva (Executive Director of Markets and Mergers, CMA) shared final thoughts and reflections on the day.