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The European Commission (the “EC”) has tried to regulate e-commerce and the related challenges offered by internet giants “GAFAM” - acronym for Google, Amazon, Facebook, Apple and Microsoft, the biggest internet based corporations, from time to time also Netflix and/or Twitter is added – and last winter a significant step has been undertaken.
In the following months and years, the European Parliament and the European Council will vote the two Digital Service Act (the “DSA”) and the Digital Market Act (the “DMA”) as part of the European Union (the “EU”) strategy for the digital market.
This newsletter will try to summarise some of the main elements of those legislations.
Disclaimer: Readers of this newsletter should note that at the date of circulation of this article, the laws and regulations to which this newsletter makes reference to may be subject to further amendments which will not be reflected in this newsletter.
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