Seven
potential gatekeepers submit notifications under EU Digital Markets Act
The
European Commission has received notifications from seven companies who
consider that they qualify as "gatekeepers" under Article 3 of
Regulation 2022/1925 on contestable and fair markets in the digital sector
(Digital Markets Act (DMA)).
The
Commission received notifications from Alphabet, Amazon, Apple, ByteDance,
Meta, Microsoft and Samsung. More
notifications are likely to follow. The
Commission could also fine companies up to 1% of their global revenues for not
complying with the notification obligation or for providing incorrect or
misleading evidence in the designation process. The Commission can also designate companies
that do not meet the quantitative criteria as gatekeepers following a market
study.
The
DMA became fully applicable on 2 May 2023.
It sets out rules that designated gatekeepers need to comply with,
including prohibiting gatekeepers from engaging in certain practices.
Potential
gatekeepers that meet the thresholds established in the DMA had until 3 July
2023 to notify their core platform services to the Commission.
The
Commission has 45 working days (until 6 September 2023) to make an assessment
as to whether these undertakings meet the thresholds and to designate them as
gatekeepers.
Following
their designation, gatekeepers will have six months to comply with the
requirements in the DMA, at the latest by 6 March 2024.
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