Europe's Digital Markets Act (DMA) marked its one-year anniversary amid efforts to enhance competition and fairness in digital markets. The DMA targets major digital “gatekeepers,” providing a regulatory framework intended to empower consumers and small businesses through increased market contestability. A recent conference highlighted ongoing assessments of the DMA's effectiveness, where experts noted emerging competition signals such as new app stores and user choice in browsers. However, the act faces geopolitical challenges, particularly from U.S. industry pushback, raising concerns about potential weakening of its enforcement. Comparatively, countries like South Korea are also grappling with regulatory frameworks shaped by local contexts and pressures from dominant U.S. tech firms. The conversation underscores the need for global collaboration in crafting equitable digital regulations amidst differing national interests.
https://www.techpolicy.press/assessing-europes-digital-markets-act-one-year-in/