The EU’s Digital Markets Act: A Triumph of Regulation Over Innovation?
Event Summary
The EU’s adoption of the Digital Markets Act (DMA) presents three fundamental challenges:
- It will increase regulatory fragmentation.
- Its disproportionate obligations on the few companies it designates Internet “gatekeepers” and blanket prohibitions on certain types of business practices will be economically detrimental and legally controversial.
- It will be difficult to implement, as some of its provisions clash with other European regulations.
Is the DMA a triumph of regulation over innovation?
Watch ITIF’s Schumpeter Project on Competition Policy's event for an expert panel discussion and presentation of a new report on the challenges ahead in implementing and enforcing the DMA.
Speakers
Aurelien Portuese, PhD
Research Professor and Founding Director, GW Competition & Innovation Lab; Lawyer
The George Washington University; Freshfields Bruckhaus Deringer
Moderator
Andras Toth
Chairman of the Competition Council, Vice-President of the Hungarian Competition Authority, Associate Professor
Karoli University of Budapest
Panelist