Digital Markets Act – What Does It Mean?

On 5 July 2022, the European Parliament formally adopted the Regulation on contestable and fair markets in the digital sector (Digital Markets Act ("DMA")). The DMA creates rules for online platforms that behave like "gatekeepers" in the digital sector. The objective of these new rules is to stop such platforms from applying supposedly unfair terms to businesses and customers. Among the companies impacted by the new rules will be businesses offering cloud computing, online social networking, video-sharing platform, and independent interpersonal communication services.

Some of the objectives of the DMA are to:

• prevent users from un-installing any pre-installed software or app if they wish to do so;