Deal on Digital Markets Act: EU rules to ensure fair competition and more choice for users

On March 24, 2022, EU lawmakers reached a compromise on drafts of the Digital Markets Act. The EU Regulation awaits final adoption by the EU Parliament and Council. It will then take full effect in late 2023 or early 2024. The act aims to ban certain practices by large platforms as well as facilitate the EU Commission’s market investigations and sanctions. From EU Parliament.