European Union: Council adopts position on "gatekeeper" qualification in DMA
Description
Council adopts position on "gatekeeper" qualification in DMA
On 25 November 2021, the EU Council adopted its general approach on the Digital Markets Act (DMA) proposal. The adopted text brings several amendments with regards to the “gatekeeper” designation. Firstly, the designation procedure was amended to in…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
supranational
Government Branch
executive
Government Body
central government
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
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
cross-cutting
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
financial asset (any type): sale
Regulatory tool
Regulator reporting requirement
Regulator notification requirement
Audit requirement
Sanctions
Fine
Regulated subjects
1
all goods (physical or digital): sale
Regulatory tool
Regulator reporting requirement
Regulator notification requirement
Audit requirement
Sanctions
Fine
Regulated subjects
1