The Digital Markets Act: time for a reset
14 hours ago
- #European Regulation
- #Tech Policy
- #Digital Markets Act
- The Digital Markets Act (DMA) is causing unintended harm to European users and small businesses.
- DMA's impact on Europe’s tourism industry includes reduced direct booking traffic and higher consumer prices.
- European businesses could face revenue losses of up to €114 billion due to DMA.
- DMA prioritizes intermediary sites over direct business-to-customer sales, raising concerns about fairness.
- Android users face increased security risks as DMA forces removal of safeguards against scams and malicious links.
- Regulatory uncertainty under DMA delays the launch of new products, like AI features, in Europe.
- Overlapping rules and national cases undermine DMA's goal of harmonized EU-wide regulations.
- Calls for DMA enforcement to be user-driven, fact-based, and consistent to benefit European businesses and consumers.