In short, the DMA is a powerful and far-reaching piece of legislation that will severely constrict how the mostly American technology companies will be able to operate in Europe.up to 20% in the event of repeated infringementsin case of repeated offenses, “non-financial remedies can be imposed,” the EU says, including “These can include behavioural and structural remedies, e.g.
Some called it anti-American, including Patrick Hedger, the Executive Director of the Washington, DC-based Taxpayers Protection Alliance, who called it a “shakedown” and pointed out that calling the launch day for the DMA “D-Day” could be particularly inappropriate. Others called it a sad commentary on Europe’s home-grown tech ecosystem, saying that “no company even comes close to meeting the threshold of gatekeeper status.”
“And with regulations like this, no incentive for any EU company to aspire to be a real competitor to these six,”One thing is clear: the DMA will shake up the tech ecosystem significantly and cost American tech companies money, time, focus, and competitiveness. Whether it will improve the European tech ecosystem—or the lives of European consumers—is another question.