Is the Digital Markets Act giving the European Economy and Consumers what they need right now?
17 November 2020
The Digital Markets Act is due to be presented soon and aims extending the existing ruleset for online platforms and to existing competition laws. 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 to 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 allowed them to be resilient and to continue to grow.
What does this mean for the upcoming Digital Markets Act and how can policymakers avoid pitfalls of seemingly easy solutions to complex challenges?
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