(Reuters) – Britain’s competition regulator will directly enforce consumer law and can fine firms up to 10% of their global annual turnover for mistreating customers, the UK government said https://bit.ly/3vxoTrw, as it announced new rules to tackle fake reviews and bad business practices. The Competition and Markets Authority (CMA), instead of a court, will be able to award compensation and directly impose the financial penalties on businesses and up to 300,000 pounds ($390,630.00) in case of an individual, the government said. The announcement made on Wednesday also included measures to take…