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ICO and CMA set out blueprint for cooperation in digital markets

Link(s):  https://ico.org.uk/about-the-ico/news-and-events/news-and-blogs/2021/05/ico-and-cma-set-out-blueprint-for-cooperation-in-digital-markets/

Context

The ICO and the Competition and Markets Authority (CMA) have published a joint statement which sets out their views on the relationship between competition and data protection in the digital economy.

Key points to note

  • The statement points out the strong overlap between promoting and protecting competition in digital markets and safeguarding people’s data.
  • Both parties have committed to work together to find regulatory solutions that achieve good competition and data protection outcomes.
  • They will be working together on projects that will put this joint statement into practice. This is already the case on the CMA’s investigation into Google’s Privacy Sandbox and the ICO’s investigation into real time bidding in the adtech industry.
  • This commitment has been reinforced through an updated Memorandum of Understanding (MOU) signed by the ICO and CMA, which sets out how the two regulators will collaborate further in future, for example through information sharing and the potential for joint projects.

Next actions

None – for information only.