The regulator will police companies like Facebook and Google, and will have the authority to enforce new rules meant to curb anti-competition issues and to protect consumer data from being used and sold without permission.

Similar moves in  France have resulted in trade punishment from the US so we cant see how the UK hopes to get away with it. The US feels that such demands that Big Tech do things like pay tax, stop spying on customers, and obey consumer laws single out US companies.  While that might be true, the fact that might be because they commit the most crimes does not seem to fit the US's belief that it is a wonderful country and kind to everyone.

Many countries around the globe have made similar moves, including Japan and Germany. Jason Furman, the former chief economic advisor to President Barack Obama, made similar recommendations in March, and said that the UK government was looking into the “emergence of powerful new companies” in the tech ecosphere.

Andrea Leadsom, secretary of state for the Department for Business, Energy and Industrial Strategy (BEIS), said the organisation was going to release a new white paper in Q1 of next year that would suggest new rules to reform competition issues. Members of BEIS have been meeting with lawyers and different academics to determine how the regulator will operate.

“The European Commission has been handling all the big antitrust cases, and now we have to scale up our national capacity for doing that [in light of an impending Brexit]”, said Greg Taylor, a professor at the Oxford Internet Institute. “So it makes sense for bold action at the earliest opportunity.”