In this event, we will discuss potential impacts of the EU's proposed Digital Markets Act (DMA).
The EU’s proposed Digital Markets Act was long considered an opportunity to remedy anti-competitive conduct in digital markets. However, the initiative has become one of the most controversial economic policy initiatives of the von der Leyen Commission.
The Commission proposal from December 2020 has now entered the Trialogue process, after receiving more than a thousand suggestions for amendments submitted to the European Parliament’s IMCO committee. Many parliamentarians call for profound changes regarding the definition of gatekeepers, the scope of obligations and enforcement procedures. Legal scholars caution that the DMA will increase legal uncertainty and the number of lawsuits in the EU. Economists warn of adverse effects on incentives to innovate in the EU. And the US government pressured Brussels to rethink the initiative because it explicitly discriminates against foreign technology companies.
Join us for an expert discussion of EU and US perspectives on the EU’s proposed platform law. How would the DMA impact on the EU’s Single Market? Would there be differences in impacts on certain EU Member States? Does the proposal really discriminate against foreign companies? And what to expect for innovation and users of digital services in the EU?
Our guest speakers are:
Robertas Bakula, Head of Research at the Lithuanian Free Market Institute (LFMI)
Megan Hogan, Research Analyst at the Peterson Institute for International economics (PIIE)
Gary Hufbauer, Nonresident Senior Fellow at the Peterson Institute for International economics (PIIE)
Aurelien Portuese, Director of “The Schumpeter Project on Competition Policy” at the Information Technology & Innovation Foundation (ITIF)
Moderated by Matthias Bauer, Senior Economist at ECIPE