(25 March 2022) – The new EU regulation targeting tech giants will become fully applicable in 2023, following an agreement reached between the EU co-legislators yesterday.
The European Council, Parliament and Commission have bridged their differences on the Digital Markets Act (DMA), a proposal targeted to a handful of platforms considered to have such a dominant market position to play a gatekeeper role between other companies and internet users.
In the past, competition authorities have struggled to keep up with the fast pace of competition online. Thus, the DMA is based on a completely different approach. The regulation includes a list of dos and don’ts that should apply ex-ante and reverses the burden of proof on the tech giants.
The original list of digital services contained intermediating services, online advertising, search engines, social media, video-sharing platforms, messaging services and operating systems. Upon insistence from MEPs, web browsers and virtual assistants were added. (Euractiv)