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The EU Council publishes the Digital Markets Act enabling accelerated antitrust proceedings and superior tools to combat so-called "gatekeepers"

The rapid development of digital markets has been posing major challenges to competition authorities for some time. The ‘internet giants’ consisting of Google, Amazon, Facebook, Apple and Microsoft have as already known been able to gain and consolidate strong market positions faster than in analogue markets. The previous antitrust law was, according to the own diagnosis of the competition authorities and the German and European legislators, no longer sufficient to counter anticompetitive practices of the large digital platforms sufficiently quickly and efficiently. Recently, on 24th of March 2022 shortly before midnight, the European Commission, the Council of Ministers and the European Parliament agreed on the eagerly awaited final version of the new Digital Markets Act in their

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Florian Heimann, The EU Council publishes the Digital Markets Act enabling accelerated antitrust proceedings and superior tools to combat so-called "gatekeepers", 11 May 2022, e-Competitions Preview, Art. N° 109704

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