In December 2020, the European Commission published a proposal for the Digital Markets Act (DMA) which would, if enacted, introduce new rules for digital service providers that act as “gatekeepers” for “core platform services”.

Gatekeepers, as defined in the proposed DMA, would be subject to a number of additional obligations on how they use, disclose and distribute data. Gatekeepers would also face additional notification obligations for transactions outside the EU Merger Regulation.

To ensure compliance, the Commission has far reaching fining powers and may also impose structural remedies where a gatekeeper has systematically not complied with its obligations. 

This briefing tells you more about it.