Can the EU Set a Global Rulebook for Big Tech?

Summary:

The EU has a renowned ability to leverage its market size in order to influence regulatory standards beyond its borders – the so-called Brussels Effect. The EU wants to set global standards for digital platforms such as Facebook and Google, to make the markets they operate in fairer and more contestable. Digital markets may well be susceptible to the Brussels effect: many countries are considering new regulations, and the large technology firms that operate globally do not want regulatory fragmentation. But the Union’s attempt to develop and export its digital rulebook will require refinement if it is to succeed.

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Commentary and Analysis

EPRS: Briefing, May 2021: Digital Markets Act https://www.europarl.europa.eu/thinktank/en/document.html?reference=EPRS_BRI(2021)690589

CER Insight, May 2021: Taming “Big Tech”: How the Digital Markets Act Should Identify Gatekeepers https://www.cer.eu/insights/taming-big-tech-how-digital-markets-act-should-identify-gatekeepers

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ESO Records

European Commission: COM (2020) 842: Proposal for a Regulation on contestable and fair markets in the digital sector (Digital Markets Act) https://www.europeansources.info/record/proposal-for-a-regulation-on-contestable-and-fair-markets-in-the-digital-sector-digital-markets-act/

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