Wikborg Rein's "A Europe Fit for the Digital Age" article series
Wikborg Rein's "A Europe Fit for the Digital Age" article series will consist of seven articles, with articles published regularly. While the first article outlines the European Commission's digital strategy, upcoming articles will focus on the specific legislative proposals such as Digital Services Act, Digital Markets Act, Data Act, Artificial Intelligence Act and NIS2 Directive. Each article will outline the key provisions in the relevant piece of legislation and highlight their potential impact on existing laws, in particular in the fields of data protection, intellectual property and cyber security.
We hope that this article series will provide a relevant and useful overview of the developments in the European Union and encourage the readers to start considering the steps their business would need to take to ensure compliance.
3 – Digital Markets Act: Fairer digital markets
The European Union's regulation on contestable and fair markets in the digital sector, the Digital Markets Act ("DMA"), has entered into force in the EU. Today, there are a small number of very large online platforms globally that greatly influence the framework for innovation, consumer choice and competition in the digital markets. Certain large platforms therefore act as so-called gatekeepers. By establishing duties and prohibitions for such gatekeepers, the new rules seek to ensure fair competition in digital brands and to give users greater freedom of choice. The DMA also enables the European Commission to carry out market investigations and sanction non-compliance in ways heavily influenced by EU competition law enforcement.
2 – Digital Services Act: A safer digital space
The European Union's new Digital Services Act aims to create a safer digital space for citizens and businesses. The regulation seeks to provide for greater democratic control and supervision of digital platforms, and to reduce the risk of manipulation, disinformation and illegal content.
1 - A Europe Fit for the Digital Age
The European Union has recently been active in terms of legislative developments relating to technology and digitalisation. News about Digital Services Act, Digital Markets Act, European Union's new Artificial Intelligence Act, Data Act and Data Governance Act are emerging frequently and there is a new development almost every week.