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Europe’s DMA rules for Big Tech explained
The Digital Markets Act (DMA), an ex ante European Union reform of digital competition rules, will be in force today, by midnight Brussels' time, on six The Digital Markets Act will be in force later today on six tech giants -- applying a new set of legal requirements on more than 20 of their "core platform services". Read on for an overview and analysis of potential impacts...
Online empires that scaled in an era of minimal interventions from regulators, shaping the commercial web as we know it, are now facing a prescriptive set of rules on how they can operate and do business in the EU, including hard limits on their use of data; interoperability mandates; and bans on self-preferencing. Put another way, the phenomenon of online services evolving into self-reinforcing ecosystems and empires, through network effects and gatekeeper lock-in tactics, is the centrifugal force the DMA is attacking with a range of pro-competition countermeasures targeted at strategic gateways, like app stores, operating systems and web browsers. During Tuesday’s SME Allliance panel discussion, DG CNECT’s Sparas responded to concerns the Commission may not move quick enough to tackle Big Tech by emphasizing that its thinking on enforcement does not involves timeframes that run to years — rather he suggested it’s going to be a matter of “days, weeks and months”.
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