The EU’s Digital Markets Act (DMA) seeks not only to regulate gatekeeper power within the EU but also to establish global standards through a comprehensive, rules-based legal framework for digital markets. As a key pillar of digital democracy, the DMA is increasingly seen as a benchmark for governing powerful digital platforms worldwide, exemplifying what Anu Bradford describes as the EU’s use of rights-based frameworks to project regulatory influence beyond its borders. Nevertheless, just yesterday in a US Congress House hearing, the DMA was heavily criticized as a protectionist tool, allegedly weaponized against US companies, stifling innovation, and harming consumers. Its influence in inspiring other jurisdictions to adopt rules-based legal frameworks has been depicted as an interventionist blueprint that politicizes EU competition policy and fosters regulatory hostility and tension.
The DMA’s Brussels Effect Tested And Contested: Lessons From Brazil | TechPolicy.Press
