The European Union passed Regulation (EU) 2022/1925, better
known as the Digital Markets Act (or "DMA"), and
Regulation (EU) 2022/2065, better known as the Digital Services
Act (or "DSA"), in October 2022. These two
regulations are part of the "Digital Services Package,"
which is aimed at creating a safer digital space in which all users
are protected and to establish a level playing field to foster
innovation, growth, and competitiveness in the EU market and
globally.
Who Does It Impact?
The DMA applies to core platform services provided or offered by
"Gatekeepers," such as search engines, social networking,
cloud services, etc. The European Commission has designated seven
companies as Gatekeepers, including Apple, Amazon, Alphabet (parent
company of Google and Android), Meta (parent company of Facebook,
Instagram and WhatsApp), Booking.com, ByteDance (parent company of
TikTok) and Microsoft.