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The Digital Markets Law promises to open in Europe that would mean a major challenge for large companies in the technology ecosystem . The European Taiwan phone number list Union (EU) recently approved the Digital Markets Law, which is expected to come into force during the first months of 2023. This law seeks to regulate the actions of renowned and well-positioned platforms in the market such as Amazon, Meta and Google -only to mention a few- in pursuit of promoting fair competition in the technology market and limiting monopolistic behavior of " big tech" . Keep reading and find out what it is about! Content [ Hide ] 1 What is the Digital Markets Law.
Which companies will be regulated by the Digital Markets Law? 1.2 What does the law regulate and who does it impact? 1.2.1 Small companies or new competitors 1.2.2 Large companies or gatekeepers 1.2.3 Consumers 1.3 What's next in the Digital Markets Law? 1.4 What other laws are there on the market? 1.5 Regulation and privacy What is the Digital Markets Law? The Digital Markets Act (DMA) is a law that aims to limit the monopolistic behavior of large technology companies and make way for the entry of new players into digital markets, guaranteeing fair competition , impacting both consumers and businesses.