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Euronews
Euronews
Pál Szilágyi, EU Tech Loop, with Euronews

Is the DMA a chicken or a duck? Why the DMA predestines European companies and consumers to lose

The Digital Markets Act (DMA) was originally conceived as an instrument of competition law. Even though its positioning has since grown more nuanced, it was built on flawed conceptual foundations and those foundations will continue to haunt it.

A useful reminder first. Almost exactly three years ago, then-Competition Commissioner Margrethe Vestager was already anticipating the dangers of the metaverse and OpenAI. She warned:

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