This week’s anti-trust and privacy updates are as follows: The UK ICO will fine TikTok £27 million for failing to protect children's privacy TikTok, the viral video sharing app that is especially popular among young people, was found to have failed to safeguard children's privacy from 2018 to 2020, according to a UK ICO inquiry. Given the prolonged term and the seriousness of the crimes, TikTok may be liable for a £27 million punishment if this conclusion holds up. The anticipated…