Competition and Markets Authority’s Post

The UK's Competition and Markets Authority (CMA) has announced the appointment of three senior directors as it gears up for its expanded role under the new digital markets competition regime, including Cat Batchelor, Tania Van den Brande (formerly at Ofcom), and Euan MacMillan. This comes in the wake of the Digital Markets, Competition and Consumers (DMCC) Act, passed in May of this year... #antitrust #digitalmarkets #competitionlaw #techREG #consumers

#DMADDAY approaching! Below a quick bite on what this entails from our international Competition, Antitrust & Trade team. #DigitalMarketsAct #DigitalEconomy #DigitalRegulation

This year is going to bring a shift in competition law and how our regulators intervene in digital markets, with up front regulation of the largest tech players coming into force in the EU tomorrow (UK coming soon!) We summarise the key DMA facts below - do reach out to any of the OC team if you'd like to find out more #digitalmarketsact

📢 AGCM Conference “Competition, Digital Markets, Investments. The Leading Role of Europe” 15-16 September 2023, Rome. DAY 1 - Opening Speech Roberto Rustichelli 📌 Enforcers’ Roundtable: DMA The role of national competition authorities with Benoît Coeuré,Natalie Harsdorf-Borsch,Ioannis Lianos,Martijn Snoep Chair Alberto Bacchiega   📌 Panel DMA: Challenges and the way ahead in digital markets act with Fiona Scott Morton, Massimo Motta, Mario Siragusa Chair Elisabetta Iossa 📌 Closing remarks Andreas Schwab DAY 2 - Opening Speech Guido Stazi 🔍 Introductory Remarks Raffaele Fitto 🔍 Speech on the Role of Competition in Next generation EU Johannes Luebking 🔍 Panel The Role of Competition in EU National Investment Plans with Ginevra Bruzzone,Marcello Clarich,Alberto Pera,Gustavo Piga Chair Saverio Valentino Closing remarks Roberto Rustichelli ⬆ Thanks to all speakers for their contributions! #digitalmarkets #dma #antitrust #enforcement #competitionlaw #nationalcompetitionauthority

Join us on March 22, 2024, at SDA Bocconi School of Management for engaging discussions at CPI’s inaugural European conference, “Dynamic Competition in Dynamic Markets: Charting the Path Forward?” where experts will explore Europe’s pivotal role in shaping competition dynamics in rapidly evolving markets. Be sure to catch our Keynote Speech, delivered by MEP Dr. Andreas Schwab. Register today! #antitrust #competitionlaw #concorrenza #italia #milano #markets. Associazione Antitrust Italiana Assonime

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As expected the DMA was a hot topic during the morning sessions of the Annual Charles River Associates Brussels Conference 2023. A few key takeaways: ➡ Spontaneous compliance: the hope among regulators appears to be that the DMA leads to "spontaneous compliance" among gatekeepers as compared with antitrust which leads to a "wait and see" approach (i.e., dominant companies wait until a complaint is issued to consider whether to adjust behaviour). However, it is an open question as to whether "spontaneous compliance" will materialise. ➡ Third-party views: input from business users will be key to alerting both the European Commission and NCAs to the (in)effectiveness of compliance. To that end, the ECN will organise a stakeholder conference for business users to extol the benefits and possibilities that the DMA can provide. ➡ EU vs. UK: comparing the approaches of the EU and the UK to digital regulation, the view was that the EU has prioritised "clarity and workability" developing a set of obligations that are "easily enforced". The UK has taken a more flexible and nuanced approach, potentially at the expense of time and resources required for implementation. ➡ Behavioural economics & choice architecture: Behavioural economics should play a significant role in developing and demonstrating compliance for the obligations relating to default settings, easy switching and self-preferencing. The DMA will only be effective if choices are presented to consumers in a suitable way. #BrusselsConference_CRA #DigitalMarketsAct #competition