What Advocates and Regulators Should Know About How These New Laws will Regulate Big Tech to the Benefit of Consumers
The European Union has been a leader in setting high standards for strong consumer data privacy, as reflected by its General Data Protection Regulation (GDPR), which much of the world has begun to emulate.
Recently, the European Parliament and Council of the EU reached a political agreement on two path-breaking laws which have the potential to act as a check on Big Tech overreach: the Digital Markets Act (DMA) and the Digital Services Act (DSA). The DMA will give the European Commission unprecedented powers to monitor and hold accountable digital platforms, or so-called “gatekeepers.” The DSA focuses on user safety and platform accountability among intermediaries. There remain many questions, particularly in the United States, about the details of the DMA and DSA and how they will be implemented. Already, U.S. Big Tech companies are taking aim at these laws in various fora.