Hitting Refresh on the Regulation of Big Tech: A Guide to the EU's Digital Markets Act
Hitting Refresh on the Regulation of Big Tech: A Guide to the EU’s Digital Markets Act
The Digital Markets Act (DMA) is a landmark piece of legislation designed to regulate the activities of large platforms and to enhance the contestability and fairness of the services they provide.
From 2 May, platforms will be required to notify the European Commission where they meet specific financial and user thresholds. If designated as "gatekeepers" by the Commission, these platforms will be subject to a set of positive and negative requirements. These are intended to reduce barriers to entry and expansion for other providers and to ensure that gatekeepers do not obtain advantages from business users that are disproportionate to the services they provide.
In this guide, we present an overview of the key features of the DMA, including the range of possible sanctions that are available in the event of a breach of the legislation.