EU Passes Landmark Digital Markets and Services Acts to Regulate Big Tech
The European Union implements two major legislative packages to ensure a safer and fairer online environment by curbing the dominance of large digital platforms.
The European Union implements two major legislative frameworks, the Digital Markets Act (DMA) and the Digital Services Act (DSA), to transform the digital landscape. These landmark rules create a single set of regulations across the EU to address the immense power that large digital platforms hold over users, businesses, and democratic processes.
The Digital Markets Act specifically targets large platforms that act as gatekeepers between businesses and internet users. It establishes a clear list of rules to prevent these dominant companies from unfairly ranking their own products higher than competitors or imposing unfair conditions on businesses and consumers.
Meanwhile, the Digital Services Act focuses on creating a safer and more transparent online environment for everyone. Together, these two acts ensure a level playing field for digital companies of all sizes, protecting over 10,000 online platforms operating in the EU and promoting fair competition in the digital economy.