EU: Advantages and Disadvantages of Digital Gatekeeping
GAFA – Google, Amazon, Facebook, and Apple – and the inability of ex post enforcement of competition law to prevent potential anticompetitive conduct by these firms. [2] Several European jurisdictions are currently considering an overhaul of their competition policy approach towards dominant companies in the digital economy. A common theme is that competition authorities or newly created digital markets agencies could be given the power to regulate dominant companies with a gatekeeper status. As an important first step in this new regulatory approach, policymakers in various jurisdicti...
Source: natlawreview.com