We have, this week, joined a large cross-section of business colleagues to call out certain gatekeepers for their blatant disregard for the Digital Markets Act and to call on the European Commission to bring its full powers to bear to implement legislation that came into force nine months ago. Â
The stranglehold of a few powerful gatekeeping companies who are stifling growth, innovation and consumer choice in online markets must be broken.Â
It comes as no surprise to us – and we’re not the only ones to have predicted this situation. With some gatekeepers actively circumventing the law and/or employing sham compliance strategies, the result is the continued suffocation of innovation and prevention of growth of companies of all sizes.
What should the European Commission do?
Regardless of political pressure from the US, we urge the European Commission to continue and conclude the ongoing non-compliance investigations and not shy away from taking immediate and decisive action by using all the tools it has available in the DMA.
There is no room for external political pressure in the DMA process of compliance and, currently, breaking the law is a profitable business strategy.Â
The status quo is undermining the credibility of the DMA – which we see as an historic opportunity to strengthen the EU’s position as a global leader in technology, drive economic growth across the continent and unlock the next generation of European tech champions.