The European Union’s Digital Markets Act (DMA) is set to establish a concrete list of dos and don’ts for the world’s biggest digital platforms when operating in the EU. These include hitherto absent ‘ex ante’ regulations to provide more fairness in the area of antitrust issues. Quite simply, the DMA aims to level the digital market’s playing field to ensure that smaller firms can operate under fairer competition.
Last week, EU and US policymakers met in Paris to discuss trade and technology related issues. Despite some progress on Russia, trade, and sustainability, the two sides remain far apart on the question of how to regulate Big Tech.
The recently launched EU-US Trade and Technology Council is a landmark partnership that seeks to advance transatlantic cooperation in trade, economics, and technology. This blog discusses the importance of the partnership and what it plans to achieve, as well as the main policy areas that the Council will explore.