Digital markets remain characterised by the dominance of a handful of multinational firms. In contrast to counterparts in the US and elsewhere, European policy makers have sought to intensify competition in the sector through ex-ante regulation that imposes...
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Digital markets remain characterised by the dominance of a handful of multinational firms. In contrast to counterparts in the US and elsewhere, European policy makers have sought to intensify competition in the sector through ex-ante regulation that imposes positive conduct obligations on dominant companies. The Digital Markets Act (DMA) requires large “gatekeeper” firms to facilitate contestability by enabling data portability, data access, and interoperability, among other features. In other words, the DMA seeks to “open up” large platforms by requiring them to provide data to, and work with, other tech firms’ services.
Summary and Key Findings
However, the implementation of these tools is both technically and legally complex, involving risks to privacy, security, and innovation. Policy makers have largely refrained from specifying how these features are to be implemented, leaving significant scope for access providers to take diverging approaches to compliance. CERRE’s new iss
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