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Digital Market Act UPSC NOTE

 What is Digital Markets Act (DMA) 

  • The DMA is a regulation by the European Union aimed at regulating large online platforms and promoting fairer competition in the digital market. 

  • It came into effect in November 2022 and became enforceable on May 2nd, 2023.

  • The DMA targets large companies designated as "gatekeepers" due to their market power.

  • These gatekeepers are typically platforms like search engines, app stores, or social media that many businesses and users rely on

  • The DMA outlines rules that these gatekeepers must follow to ensure a level playing field.

Here are some of the DMA's goals:

  • Prevent gatekeepers from abusing their market dominance

  • Increase competition and innovation in the digital market

  • Give businesses more choices for how they operate online

  • Increase transparency and user control over data

Who are the gatekeepers in DMA

  • The DMA might require gatekeepers.

  • Allow users to install apps from outside their app store

  • Businesses use their own payment systems within apps, instead of being forced to use the gatekeeper's system

  • Ensure fair treatment of all businesses using their platform



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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Digital Market Act UPSC NOTE
Digital Market Act UPSC NOTE
Learnerz IAS | Concept oriented UPSC Classes in Malayalam
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