ARTICLE
2 December 2020

European Commission To Publish Digital Markets Act And New Competition Tool Soon

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Schoenherr Attorneys at Law

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We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
The European Commission (EC) will publish its highly anticipated Digital Markets Act (DMA) and Digital Services Act (DSA) on 9 December.
European Union Antitrust/Competition Law
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The European Commission (EC) will publish its highly anticipated Digital Markets Act (DMA) and Digital Services Act (DSA) on 9 December. The EC's legislative package will include an ex ante regime for gatekeeper platforms and market investigations tool for digital markets. The new competition tool ("NCT") would give the authority investigation powers similar to those of the UK Competition and Markets Authority (CMA). The EC would be able impose behavioural and also structural remedies. The NCT proposal would go “hand in hand” with the DSA. The Commission's goal is that online marketplaces must not be controlled by gatekeepers, which can foreclose important players or competitors. Rather, online platforms should be "vibrant ecosystems".

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ARTICLE
2 December 2020

European Commission To Publish Digital Markets Act And New Competition Tool Soon

European Union Antitrust/Competition Law

Contributor

We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
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