Published: March 24th, 2022,
Last updated: April 20th, 2022
As expected, Parliament, Council and Commission reached an agreement on the Digital Markets Act late last night. Internal Market Commissioner Thierry Breton explained that the DMA would „structure the digital space in the EU for the next 20 years.“ Parliamentary rapporteur Andreas Schwab (CDU/EVP) said that some agreements were painful for the Parliament, but that a very good agreement had been reached on many points. René Repasi (SPD/S&D) also praised today’s compromise as a „game changer in the regulation of digital markets“: „Violations can be severely sanctioned, including the possibility of breaking up companies or prohibiting them from acquiring companies.“