The European Union (EU) is focusing on 6 companies as online “gatekeepers,” subjecting them to the strictest scrutiny under the EU’s Digital Markets Act (DMA).
What are Gatekeepers?
- Gatekeepers are digital platforms providing a crucial link between businesses and consumers in core platform services.
Designated DMA Gatekeepers:
[Ref: europa.eu]
- Alphabet, Amazon, Apple, ByteDance, Meta, and Microsoft are DMA gatekeepers with 22 core platform services collectively.
- They require 6 months per service for DMA compliance.
What is Digital Markets Act (DMA)?
- DMA is an EU regulation that aims to make the digital economy fairer and more contestable.
- It regulates large online platforms, ensuring fairness and openness in digital services while preventing unfair conditions for businesses and end-users.
[Ref: europa.eu]
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