Digital Markets Act: Developments since its proposal
Following the European Commission’s initial proposal of the Digital Markets Act (DMA) in December 2020, its adoption by the European Parliament in March 2022 and the entry into force on November 1, 2022, the DMA will finally apply from May 2, 2023. The DMA contains a list of obligations and prohibitions, subject to fines, that core platform services (CPS) provided by so-called gatekeepers must comply with in their daily operations. CPS should therefore be assessed at an early stage regarding whether or not they fall within the scope of regulation of the DMA.
As is set out in the following, the DMA poses significant business challenges for (potential)
gatekeepers, which should be addressed in a legally sound, comprehensive and systematic manner in order to prevent disruptions to the relevant businesses.
Continue Reading Countdown to compliance: The DMA to apply to digital gatekeepers from May 2, 2023