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DIGITAL MARKET ACT: COMPETITION, PROPERTY, INNOVATION AND USER INTERESTSJanuary, 2022DIGITAL MARKET ACT: COMPETITION, PROPERTY, INNOVATION AND USER INTERESTS Dr. Guoda Azguridien, Lithuanian Free

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How to fill out digital market act

01

Gather necessary information about your digital services and products.

02

Identify whether your business qualifies as a 'gatekeeper' under the Digital Markets Act.

03

Complete the registration form on the official EU portal for the Digital Markets Act.

04

Provide detailed information about your user numbers, services, and market position.

05

Submit any required documentation to demonstrate compliance with the act.

06

Ensure ongoing compliance by regularly reviewing your practices as stipulated by the regulation.

Who needs digital market act?

01

Businesses that qualify as 'gatekeepers' in the digital market.

02

Large online platforms that provide core platform services to a significant number of users.

03

Companies involved in digital services where their market presence impacts competition.

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What is digital market act?

The Digital Markets Act is a legislative framework proposed by the European Commission to ensure fair competition and promote innovation in digital markets. It aims to regulate large digital platforms that act as gatekeepers in the digital economy.

Who is required to file digital market act?

Companies that qualify as gatekeepers under the Digital Markets Act are required to comply with its provisions and file necessary reports. This typically includes major tech companies that provide core platform services.

How to fill out digital market act?

To fill out the Digital Markets Act requirements, companies must provide detailed information about their operations, market practices, and compliance measures in a specified format as outlined by the regulatory authority.

What is the purpose of digital market act?

The purpose of the Digital Markets Act is to create a more competitive and equitable digital market by establishing rules for large platforms, preventing anti-competitive behavior, and protecting consumers' interests.

What information must be reported on digital market act?

Companies must report data regarding their user base, revenue, market shares, and compliance with the Act's rules, including how they handle data, interoperability, and transparency in their services.

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