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Facebook and Google 'too powerful' says watchdog boss
The Competition and Markets Authority (CMA) has said that there should be "regulatory changes to deal with [that] market dominance" by tech companies such as Facebook and Google.
The head of the CMA, Andrea Coscelli has said that Google "holds about 90% if the UK's £7.3bn search advertising" and this is an issue as it reduces competition and increases their economic power.
This article could be used for The Media unit (social networks, new media).