This compendium follows the compendium 2021which was prepared by the UK Competition and Markets Authority, and the compendium 2022 which was prepared by the Bundeskartellamt of Germany.
Developed and updated by the G7 and invited competition authorities, the compendium provides an overview of how different authorities are working to promote competition in digital markets. The compendium highlights that there is a high level of commonality in the approaches that authorities are taking to address competition issues. These include:
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open investigations, conduct studies or initiate law enforcement actions to address concerns about platforms' exercise of market power
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Strengthen institutional capacities by developing specialist teams staffed with technical experts or upskilling existing staff.
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consider or introduce legislative reforms to strengthen law enforcement tools or introduce an ex ante regulatory regime, or both
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Ensure regulatory cooperation both between national regulators working in different disciplines and with their foreign counterparts to promote interoperable systems.
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work to identify and understand emerging technologies and consider issues that may raise competition issues in the future
The compendium is intended to be an informative and useful tool for national governments, policymakers and industry participants, as well as for counterpart competition authorities and regulators facing similar issues.
The updated compendium was published on November 8, 2023 at the G7 Joint Summit of Competition Officials and Competition Policymakers, co-hosted by the Japan Fair Trade Commission (JFTC), in cooperation with the JFTC Secretariat. Headquarters for Digital Market Competition of the Cabinet Secretariat (HDMC). The CMA, DSIT and DBT attended the Summit, where discussions focused on topics including law enforcement priorities, challenges and approaches in digital markets and recent updates on policy initiatives and frameworks for digital competition .
The Group of 7 is made up of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, in addition to the European Union. The United Kingdom invited Australia, India, South Africa and South Korea as guests in 2021. They have continued to contribute updates to the compendium.
