Digital Markets Act (DMA)
The Digital Markets Act (DMA) is a significant legislative framework introduced by the European Union to promote fair competition and curb the monopolistic behaviors of large digital platforms, often referred to as "gatekeepers." These gatekeepers include major tech companies that control core services such as social networks, search engines, and online marketplaces, which play a pivotal role in the digital economy. The DMA aims to ensure that these platforms operate in a manner that is fair, open, and conducive to innovation. By setting rules that prevent unfair practices, such as favoring their own services or imposing restrictive conditions on users and businesses, the DMA seeks to enhance consumer choices and provide new opportunities for smaller enterprises to thrive in the digital marketplace.
Roadmap
Phase | Date | Description |
---|---|---|
Assessment Phase | Q4 2024 | Determine the need for the DMA compliance project and secure necessary approvals. |
Planning Phase | Q4 2024 | If approved, develop a comprehensive project plan outlining tasks, timelines, resources, and budgets. |
Status
We are currently in an pre-assessment phase, it's important to clarify that no final decisions have been made regarding our approach to compliance with DMA. As we progress in this endeavor, updates regarding our advancements in DMA compliance will be shared on this page.