Mark Cole on “gold standard” EU legislation for big tech

In this episode of Newsmakers, European and media law professor Mark Cole from the University of Luxembourg provided us with an insight on two EU legislative initiatives that will change how big tech companies behave in the future.

On the one hand, the Digital Markets Act (DMA) applies to a handful of big tech platforms and aims to prevent the establishment of a monopoly. On the other hand, the Digital Services Act (DSA) relates to content moderation, mass advertising and fundamental rights such as freedom of speech.

“If Europe does this, it’s going to be very similar to the GDPR (General Data Protection Regulation). I think they will be setting a gold standard which de facto means that the rest of the world will follow, or they will have problems in offering services in Europe,” said Cole.

On 25 November, the Council of the EU adopted a position on both the DMA and the DSA. But there is still more work to be done on this progressive legislature. Tune in to find out more.