Share on LinkedInShare on LinkedIn

ARTICLE · 20 MARCH 2024

Digital Markets Act – Overview

Herbert Smith Freehills Kramer LLP
Explore more from Herbert Smith Freehills Kramer LLP

The Digital Markets Act (DMA) is a ground-breaking piece of EU regulation, imposing rules on platforms acting as "gatekeepers" in the digital sector...

European UnionAntitrust/Competition Law
Kyriakos Fountoukakos
Kyriakos Fountoukakos
Kim Dietzel
Kim Dietzel
Natalia Rodriguez
Natalia Rodriguez
Peter Rowland
Peter Rowland
Joe Williams
Joe Williams
Morris Schonberg
Morris Schonberg
Kian O'Connell
Kian O'Connell

The Digital Markets Act (DMA) is a ground-breaking piece of EU regulation, imposing rules on platforms acting as "gatekeepers" in the digital sector, and aiming to ensure fairness and contestability in digital markets. The main obligations and prohibitions in the DMA apply from 7 March 2024 to the designated gatekeepers, and therefore we take this opportunity to update our overview of the DMA.

What is the DMA? In summary, it aims to improve contestability and fairness of digital markets, by imposing obligations and prohibitions on "gatekeepers" that provide "core platform services" (CPSs) and are designated as such by the European Commission (Commission).

Designations to date. The Commission has designated the following gatekeepers/services so far:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Broadcom/VMware: EU General Court Again Weighs In Favour Of Commission’s Broad Information Gathering Powers

The European Commission's broad information-gathering powers under EU competition law have been reinforced by the General Court's dismissal of Broadcom's challenge to document production requests. The case raises critical questions about the extent to which the Commission can compel production of documents held overseas that are subject to legal professional privilege in other jurisdictions, particularly communications with non-EU qualified external counsel.
European UnionAntitrust/Competition Law
Macfarlanes LLP
Macfarlanes LLP
Article

UK Competition And Markets Authority Publishes Final Revised Merger Efficiencies Guidance

The UK's Competition and Markets Authority has published revised guidance on assessing merger efficiencies, marking a significant shift toward greater receptivity to efficiency-based arguments in merger reviews. The new provisions introduce more flexible evidentiary standards, recognize the potential role of behavioral remedies in securing efficiencies, and encourage parties to advance efficiency claims earlier in the review process without implying acceptance of competitive concerns.
United KingdomAntitrust/Competition Law
Baker Botts L.L.P.
Baker Botts L.L.P.
Article

A Precedent For The Platform Age: The Booking/eTraveli Judgment And Its Implications For Digital M&A

The European General Court has upheld the Commission's prohibition of Booking's acquisition of eTraveli Group, endorsing a novel 'ecosystem' theory of harm that allows intervention even where market share increases are minimal. This landmark ruling significantly expands the Commission's ability to challenge acquisitions by dominant firms in digital markets, establishing that transactions which merely perpetuate existing low levels of competition can constitute significant impediments to effective
United KingdomAntitrust/Competition Law
Slaughter and May
Slaughter and May
Article

Few Surprises, As The CMA Finalises Its Revised Approach To Merger Efficiencies

The UK Competition and Markets Authority has formalised its new approach to assessing efficiency arguments in merger control cases, marking a significant shift toward a more holistic evaluation framework. This updated guidance, which emerged from the CMA's 4Ps initiative, introduces the concept of Rivalry-Enhancing Efficiencies and establishes clearer pathways for merging parties to demonstrate competitive benefits.
United KingdomAntitrust/Competition Law
Macfarlanes LLP
Macfarlanes LLP
Article

UK FCA Accepts Novel Commitments Package To Resolve Antitrust Investigation Into Commodity Futures Traders

The UK Financial Conduct Authority has accepted binding commitments from 11 day traders following an investigation into suspected exchange of competitively sensitive information and coordination of trading strategies in commodity futures markets. The decision highlights critical compliance priorities for firms operating trading arcades and shared trading infrastructure, while leaving key legal questions deliberately unanswered. What does this enforcement action signal about the FCA's approach to antitrust e
GlobalAntitrust/Competition Law
A&O Shearman
A&O Shearman