EU institutions announce political agreement on proposed rules for “gatekeeper” digital platforms
29 March 2022
The Council of the EU and the European Parliament have reached a provisional political agreement on the Digital Markets Act (DMA), which will impose significant obligations on online platforms that act as ‘gatekeepers’.
The DMA will sit alongside – but separate to – the EU antitrust rules. Gatekeepers will be required to follow a list of ‘do’s and don’ts’ (including a prohibition on self-preferencing and obligations on interoperability). The European Commission will have the power to impose fines, including of up to 20% of global group turnover, for repeated non-compliance. The Commission will also be able to carry out market investigations, for example to design behavioural or structural remedies to address systematic infringements.
Read our alert for information on the new rules for online platforms. Although the full revised DMA has not yet been published, our alert uses European Commission and Council press releases and related speeches to bring out details, including changes from the original December 2020 proposal.