![]() The Commission aims to guarantee a fair level of competition ("level playing field" ) on the highly concentrated digital European markets, which are often characterised by a "winner takes all" configuration. Īccording to the European Commission, the main objective of this regulation is to regulate the behaviour of the Big Tech firms within the European Single Market and beyond. ![]() In case of non-compliance, there will be enforced sanctions mechanisms, including fines of up to 10% of the worldwide turnover. Facebook and WhatsApp ) provisions for the protection of platforms' business users (including advertisers and publishers) legal instruments against the self-preferencing methods used by platforms for promoting their own products (preferential results for Google's products when using Google Search ) articles concerning the pre-installation of some services ( Android ) regulation related to bundling practices provisions for ensuring interoperability, portability, and access to data for businesses and end-users of platforms. The list of obligations includes prohibitions on combining data collected from two different services belonging to the same company (e.g. These companies have until 6 March 2024 to comply with all of the Act's provisions. Twenty-two services across six companies - Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft - were named as "gatekeepers" by the EU in September 2023. They are also known as "gatekeepers" due to the "durable" market position in some digital sectors and because they also meet certain criteria related to the number of users, their turnovers, or capitalisation. This regulation targets the largest digital platforms operating in the European Union. ![]() The DMA intends to ensure a higher degree of competition in European digital markets by preventing large companies from abusing their market power and by allowing new players to enter the market. The regulation entered into force on 1 November 2022 and became applicable, for the most part, on. ![]() Regulation (EU) 2022/1925, commonly referred to as the Digital Markets Act ( DMA), is an EU regulation that aims to make the digital economy fairer and more contestable. Regulation on contestable and fair markets in the digital sectorĮuropean Parliament and Council of the European Union ![]() Regulation (EU) 2022/1925 European Union regulation European Union regulation on digital platforms ![]()
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