The Digital Markets Act

The Digital Distillery - A Travel Guide to Digital Media & Marketing

Markets, where there are powerful monopolies capable of pushing out the competition and generally setting their own rules, are long known to hamper innovation and restrict consumer freedom.
That's why there are strict regulations in place in the banking, energy, and telecommunications sectors.
So why do the big players in the digital space seen to have free reign?
Today on the Digital Distillery we are looking at something called The Digital Markets act which has just been passed in Europe, and aims to finally curb the gatekeepers of the digital space.
This episode was inspired by the original blog posts from Jean-Philippe Caste which you can find here for further reading (adapted from the original French):
Other articles references you can check out here:
https://www.statista.com/topics/4213/google-apple-facebook-amazon-and-microsoft-gafam/#dossierKeyfigures
https://www.pentalog.com/blog/strategy/gdpr-facebook-affair/
https://politheor.net/how-gafa-can-bully-banks/
This episode is brought to you as always by The Digital Distillery.
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Written, Produced & Engineered by Phil McDowell
Executive Producer: Nadia Koski
Project Leads: Dennis Kirschner

Luvut

1. Intro (00:00:00)

2. The GAFA's rise to power (00:00:24)

3. In Today's Episode (00:01:20)

4. Different Approaches To The Monopoly Problem (00:02:09)

5. Why It Doesn't Work (00:03:04)

6. The Digital Markets Act (00:03:31)

7. GAFA's Not Thrilled (00:05:34)

8. The Benefits (00:06:18)

9. Introducing A New Show (00:06:35)

10. Green About Media (00:07:57)

11. Outro (00:09:22)