{"id":11827,"date":"2022-11-17T12:38:00","date_gmt":"2022-11-17T12:38:00","guid":{"rendered":"https:\/\/newsmediauk.org\/?p=11827"},"modified":"2024-05-03T10:23:05","modified_gmt":"2024-05-03T09:23:05","slug":"nma-welcomes-chancellors-commitment-to-the-dmu","status":"publish","type":"post","link":"https:\/\/newsmediauk.org\/blog\/2022\/11\/17\/nma-welcomes-chancellors-commitment-to-the-dmu\/","title":{"rendered":"NMA Welcomes Chancellor\u2019s Commitment to the DMU"},"content":{"rendered":"\n<p>Welcoming the Chancellor\u2019s commitment this morning to bring forward legislation for the Digital Markets Unit, News Media Association chief executive Owen Meredith said \u201cWe are delighted that the government has used the Autumn Statement today to restate the commitment to bring this vital legislation before Parliament during this session. <\/p>\n\n\n\n<p>&#8220;These measures are pro-growth and will deliver value for money back to the pockets of consumers, both vital at this time.<\/p>\n\n\n\n<p>\u201cAs the main investor in trusted journalism in the UK, the news media sector has a vital role to play in our democratic society as we face up to the serious challenges ahead of us.<\/p>\n\n\n\n<p>\u201cBy acting to give the Digital Markets Unit the teeth it needs to level the playing field between news publishers and the tech platform, government has moved forward with its stated objective of placing journalism on a truly sustainable footing.\u201d<\/p>\n\n\n\n<p>In the Autumn Statement this morning, Chancellor Jeremy Hunt MP said: \u201cThe second lesson of Nigel Lawson\u2019s big bang is the most important driver of global success is not tax subsidies, but competition. So we will legislate to give the Digital Markets Unit new powers to challenge monopolies and increase the competitive pressure to innovate.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcoming the Chancellor\u2019s commitment this morning to bring forward legislation for the Digital Markets Unit, News Media Association chief executive Owen Meredith said \u201cWe are delighted that the government has used the Autumn Statement today to restate the commitment to bring this vital legislation before Parliament during this session. &#8220;These measures are pro-growth and will [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3815,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[27,1],"tags":[],"class_list":["post-11827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-markets-unit","category-news","digital-markets-unit","news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - 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