In the past, the use of a compulsory levy on television sets (a licence fee) to finance the BBC could be justified given the problem of spectrum scarcity and the fact that television signals were a public good (i.e. there was effectively a zero marginal cost of an additional user receiving the...

The government proposes to give a new Digital Markets Unit (DMU) powers to regulate firms in digital markets. This new ex ante regulatory approach is designed to overcome the claimed inadequacies of existing competition law to regulate the digital sector yet will be housed in the Competition and...