Digital Markets Act (DMA)

What is the European Digital Markets Act?

A legislative act of the European Union aimed at promoting fair competition and innovation in the digital sector. Due to be enacted by March 2024, the DMA targets large online platform such as Apple and Google, known as “gatekeepers,” that control access to key digital services. It introduces rules to prevent these gatekeepers from abusing their market position and ensures they engage in fair business practices. Key provisions include prohibiting certain anti-competitive behaviors, mandating interoperability in some areas, and imposing significant penalties for non-compliance. The act reflects the EU’s commitment to a more equitable and open digital market, fostering a balanced digital ecosystem for businesses and consumers.