Is the Digital Markets Act giving the European Economy and Consumers what they need right now?
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The Digital Markets Act is due to be presented soon and aims at extending existing competition laws and the existing ruleset for online platforms. New rules are expected to fulfil the potential to open up markets to new entrants, including SMEs and start-ups, to promote consumer choice, and drive innovation. The current pandemic and recurring lockdowns across Europe are increasing the stakes for the European Commission and the European Parliament to ensure consumers and businesses can continue to rely on digital tools that allow them to be resilient and continue growing.
What does this mean for the upcoming Digital Markets Act and how can policy makers avoid the pitfalls of seemingly easy solutions to complex challenges?
Is the Digital Markets Act giving the European Economy and Consumers what they need right now?Posted by Wilfried Martens Centre for European Studies on Tuesday, November 17, 2020