On 15 December 2020, the European Commission submitted the EU Digital Markets Act (DMA) proposal to the European Parliament and Council. The “gatekeepers” will be subject to two obligations regarding mergers and acquisitions. Firstly, “gatekeepers” will have 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. Secondly, the “gatekeepers“ will have to submit an audit report annually regarding their “techniques for profiling of consumers” that it applies to is services. The DMA would apply s to gatekeepers irrespective of their place of establishment, as long as the services offered by the gatekeeper are directed at users in the European Union. The proposal now goes to the European Parliament and EU Council for the first reading.
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