European Union: Entry into force with grace period of mergers and acquisitions notification requirement for "gatekeepers" in DMA
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Description
Entry into force with grace period of mergers and acquisitions notification requirement for "gatekeepers" in DMA
On 1 November 2022, the Regulation on contestable and fair markets in the digital sector (Digital Markets Act) enters into force with a grace period until 2 May 2023. The Act requires “gatekeepers” to notify the European Commission about their intent to merge or acquire another company providing “core platform services” or other digital services, even if that acquisition does not meet the threshold in the EU merger regulation.
Original sourceScope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Implementation Level
supranational
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2020-12-15
under deliberation
2021-11-25
under deliberation
2021-12-15
under deliberation
2022-03-24
under deliberation
2022-07-05
under deliberation
2022-07-18
adopted
2022-11-01
in grace period
2023-05-02
in force