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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Ministry for Economic Affairs and Energy

15/12/2020 – Press release – European Economic Policy

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With the “Digital Markets Act”, the European Commission today presented a proposal for new rules for large digital companies to ensure competition in digital markets. Federal Minister Peter Altmaier: “Together with my French and Polish counterparts, I took an initiative last summer started to modernize European competition law. I am pleased that the European Commission is taking up these proposals and that new rules for digital markets are being discussed during the German Council Presidency. We have already taken this route in Germany. With the GWB Digitization Act, clear specifications tailored to digital issues for large platforms are created for the first time in competition law. They will ensure that fair competition is also guaranteed in digital markets for the benefit of consumers and companies. ”Federal Minister of Economics Peter Altmaier, French Minister of Economics and Finance Bruno Le Maire and Polish Minister for Entrepreneurship and Technology, Jadwiga Emilewicz, signed a joint paper on July 4, 2019 (PDF, 312 KB). In order to improve competition in digital markets, it was suggested, among other things, to identify a number of systemically important actors such as large digital platforms that are subject to specific supervision. The European Commission is now taking up this proposal with the Digital Markets Act. The Federal Ministry for Economic Affairs and Energy will examine the proposal published today and contribute constructively to the subsequent legislative process at European level. At national level, the BMWi has already pioneered the GWB Digitization Act (available here). The law is currently in the parliamentary process. It should create a modern, powerful and digital competition law. The central content is specific behavioral obligations for platform companies with paramount cross-market importance. The Bundeskartellamt can e.g. forbid in future to give preference to one’s own offers or to make the interoperability of products more difficult. The conclusion of the deliberations in the German Bundestag is expected this week. The law could then come into force at the beginning of 2021 and the Federal Cartel Office then take action. However, it will still take some time to complete the legislative process at EU level. During the negotiations, the Federal Government will work to ensure that national and European rules complement each other well. Because only by joining forces can an innovation-friendly platform environment be ensured that ensures competition.

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EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

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