European Union: Passed Digital Markets Act including mergers notification requirement by EU Parliament
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Description
Passed Digital Markets Act including mergers notification requirement by EU Parliament
On 5 July 2022, the European Parliament passed the regulation on contestable and fair markets in the digital sector (Digital Markets Act). According to the adopted text, “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. The text now goes to the Council for adoption.
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
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: e-commerce,platform intermediary: other,platform intermediary: user-generated content,search service provider,software provider: app stores,online advertising provider,other service provider,streaming service provider,messaging service provider,infrastructure provider: cloud computing, storage and databases,infrastructure provider: other,software provider: other software
Category
All
2
Type
Private organisation
Economic activity
cross-cutting
Category
All
3
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.
service (digitally delivered): sale
Regulatory tool
Regulator notification requirement
Merger approval requirement
Audit requirement
Obligation to make customer data available to government agencies
Regulator reporting requirement
Sanctions
Merger prohibition
Fine
Regulated subjects
1 2 3
all goods (physical or digital): sale
Regulatory tool
Regulator notification requirement
Merger approval requirement
Audit requirement
Obligation to make customer data available to government agencies
Regulator reporting requirement
Sanctions
Merger prohibition
Fine
Regulated subjects
1 2 3
service (any type): sale
Regulatory tool
Regulator notification requirement
Merger approval requirement
Audit requirement
Obligation to make customer data available to government agencies
Regulator reporting requirement
Sanctions
Merger prohibition
Fine
Regulated subjects
1 2 3
corporate data (all forms): storage (any form)
Regulatory tool
Regulator notification requirement
Merger approval requirement
Audit requirement
Obligation to make customer data available to government agencies
Regulator reporting requirement
Sanctions
Regulated subjects
1 2 3
algorithm: ML/AI optimisation algorithm incl. matching, ranking, sorting: operate
Regulatory tool
Audit requirement
User or public reporting requirement
Sanctions
Regulated subjects
1 2 3