New approach for online platform regulation in the European Union
2021 Volume 5 Issue 1 Pages 167-198
Details
2021 Volume 5 Issue 1 Pages 167-198
The modern information economy is driven by online platforms such as GAFA and BATH. How governments get involved in such online platforms has long been a big challenge. In December 2020, the European Union announced the "Digital Markets Act" (draft), which models the dominant operators regulations in the telecommunications sector.
This paper first summarizes the background to the digital markets act. And I will take up the contents of the proposal of the act. What is a "gatekeeper" equivalent to dominant operators? How to regulate them? What kind of enforcement tools are provided for that regulations?
In June 2021, six months after European Union's digital markets act proposal, five bills for online platform regulations were published in the United States, which based on discussions by the House Judiciary Committee. This article aims to clarify new regulatory approaches in the field of online platforms from law proposals in EU and USA.
