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29 March 2022

New EU Competition Legislation regulating the Digital World

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Introduction

 On 24 March 2022 the European Parliament, the Council and the European Commission agreed on the new “Digital Markets Act” (“Act”), which aims to make the digital sector fairer and create a more competitive space for new players and European companies.

 The Act still needs to be formally adopted by the European Parliament and Council. Once it has been formally adopted and publicised, it will come into force in all EU countries in 20 days. All companies will have to observe the Act no later than six months after the adoption.

Pernille Nørkær

Partner

+45 30 37 96 40

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Jeanette Kjeldgaard Rasmussen

Senior Associate

+45 30 37 96 44

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