Key Changes Coming with the EU’s New Digital Regulation

July 06, 2022
5 min read
Photo Credit: Alexandros Michailidis / Shutterstock.com
On July 5, the European Union adopted the long-awaited Digital Services and Digital Markets Acts in an overwhelming vote.

The formally adopted texts will be entered into the Official Journal of the European Union, and will come into force 20 days after publication. The DMA will be applicable six months following adoption – likely in early 2023. The DSA applies 15 months after adoption, or from January 1, 2024, whichever is later. Those platforms defined by the acts as “Very Large Online Platforms” (VLOP are platforms with more than 45 million average monthly active users in the EU, or 10 percent of the 450 million consumers in the EU market) must meet new obligations sooner – four months after the DSA’s entry into force or after any new designation of a platform as a VLOP.

While presented together as part of the EU’s digital strategy for regulating the online economy, the two acts have different aims and will have different effects. The Digital Markets Act sets rules targeting the dominant market power of “gatekeepers” – search engines, app stores, social networks, video-sharing platforms, communications apps, or cloud services. The Digital Services Act updates the e-Commerce Directive and harmonizes rules on illegal content, while requiring increased transparency from platforms.

These pieces of legislation mean that platforms will likely face significant adjustments to how they operate in Europe, with repercussions worldwide. What major changes can we expect to see when these rules come into force?

The Changes Coming with the Digital Services Act

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Changes Coming with the Digital Markets Act

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