The European Tech Alliance (EUTA) welcomes the Digital Markets Act (DMA) as an important initiative to ensure fair and contestable digital markets. To this end, we believe it is essential for this new regulation to focus on a small number of systemic gatekeepers which enable businesses and consumers to interact, wield exceptional control and engage in anti-competitive behaviour. In parallel, it is important to avoid that actors who may be large but do not pose a threat to the fairness and contestability of European digital markets are not targeted. This is especially important in the current context, in which the use of digital services is increasing exponentially.
An overly broad approach would also undermine the EU’s ambitions to enhance its digital capabilities and home-grown innovation, hurting the many European tech success stories for whom the EU is the most important commercial market, yet that compete with formidable global rivals.
Beyond ensuring a targeted scope, it is also essential to properly address the ecosystem strategy that drives the expansion of gatekeepers and ensure that the regulation is effective in addressing the major problems we see in digital markets today.
Read our full position here.