The EU Parliament publishes the Digital Markets Act in the Official Journal, creating new regulatory regime for large tech platforms
The European Union’s Digital Markets Act (DMA) was published in the Official Journal of the EU on 12 October 2022. The legislation, which regulates large technology platforms, enters into force on 1 November 2022 (20 days after publication) and the notification and review process by which the European Commission (EC) will designate companies as ‘gatekeepers’ starts six months later, on 1 May 2023.
From that date, companies that meet the financial and user thresholds that give rise to a presumption of gatekeeper status have two months to report that, and make any submissions as to why gatekeeper status is not merited (a rebuttal submission). The EC must decide on gatekeeper status within 45 working days of receiving a company’s submission, and designated gatekeeper companies must comply
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