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ARTICLE · 12 DECEMBER 2022

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EU Officially Adopts Digital Markets Act To Target Anti-Competitive Behavior In The Online Marketspace

Benesch, Friedlander, Coplan & Aronoff LLP
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As the name implies, the DMA is targeted at large online platforms including those platforms that both consumers and businesses interact with and use on a daily basis...

GlobalPrivacy
Megan Kern
Megan Kern
Lucas J. Schaetzel
Lucas J. Schaetzel
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The Digital Markets Act aims to complement the enforcement of competition law to ensure that markets where "Gatekeepers" are present—including online search engines, online social networking, video sharing platform services, cloud computing services, virtual assistants, web browsers and online advertising services—are and remain contestable and fair.

After its initial proposal in December 2020, the European Digital Markets Act ("DMA") has officially been adopted and will be applicable beginning May 2023, with enforcement beginning against in-scope businesses in July 2023.

As the name implies, the DMA is targeted at large online platforms including those platforms that both consumers and businesses interact with and use on a daily basis including search engines, social networks, online advertising tech providers, cloud computing, and online messaging.

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