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European Union: Issued Council general approach on Digital Markets Act including mergers notification requirement

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Description

Issued Council general approach on Digital Markets Act including mergers notification requirement

On 25 November 2021, the Council of the European Union (EU) adopted its general approach on the Digital Markets Act (DMA) proposal. The “gatekeepers” will be subject to two additional 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.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Implementation Level
supranational
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2020-12-15
under deliberation

On 15 December 2020, the European Commission submitted the EU Digital Markets Act (DMA) proposal to…

2021-11-25
under deliberation

On 25 November 2021, the Council of the European Union (EU) adopted its general approach on the Dig…

2021-12-15
under deliberation

On 15 December 2021, the European Parliament adopted its position on the Digital Markets Act (DMA).…

2022-03-24
under deliberation

In a final trilogue on 25 March 2022, the European Parliament and the European Council agreed on a …

2022-07-05
under deliberation

On 5 July 2022, the European Parliament passed the regulation on contestable and fair markets in th…

2022-07-18
adopted

On 18 July 2022, the Council of the European Union adopted the regulation on contestable and fair m…

2022-11-01
in grace period

On 1 November 2022, the Regulation on contestable and fair markets in the digital sector (Digital M…

2023-05-02
in force

On 2 May 2023, the Regulation on contestable and fair markets in the digital sector (Digital Market…

2024-03-06
in force

On 6 March 2024, the designated gatekeepers are required to comply with the Digital Markets Act (DM…

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 platform intermediary: user-generated content,platform intermediary: e-commerce,online advertising provider
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
all goods (physical or digital): sale
Regulatory tool
Regulator notification requirement
Merger approval requirement
Sanctions
Fine
Regulated subjects
1
service (any type): sale
Regulatory tool
Regulator notification requirement
Merger approval requirement
Sanctions
Fine
Regulated subjects
1
advertisement (any targeting): marketing (any form)
Regulatory tool
Audit requirement
Sanctions
Fine
Regulated subjects
1
personal data (all forms): marketing (any form)
Regulatory tool
Audit requirement
Sanctions
Fine
Regulated subjects
1
corporate data (all forms): data processing
Regulatory tool
Regulator notification requirement
Merger approval requirement
Sanctions
Fine
Regulated subjects
1

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

all goods (physical or digital): sale

service (any type): sale

advertisement (any targeting): marketing (any form)

personal data (all forms): marketing (any form)

corporate data (all forms): data processing