<ul><li>Labour in the UK is leaning towards a more conciliatory approach with big tech and AI firms, potentially undermining efforts to build a more productive economy.</li><li>Recent moves by Labour to relax competition regulations in favor of tech giants could lead to short-lived and uneven growth according to the Institute for Public Policy Research.</li><li>Dominant firms with significant market power are leading to higher living costs across various sectors such as vet surgeries and funeral businesses, eroding living standards.</li><li>The emphasis should be on targeting corporate power to promote a healthier and dynamic economy, rather than pandering to incumbents that may contribute to the low-wage, low-productivity slump.</li></ul>

The Guardian view on Labour’s competition policy: don’t let big tech set the agenda | Editorial

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