Digital platforms must operate on an equal footing – Sant
Speaking in plenary at the European Parliament in Strasbourg, PL MEP Alfred Sant stressed that digital platforms should operate in a level playing field.
He insisted that further discussion be held on the possibility and feasibility of breaking the dominant position created by certain digital companies.
Sant expressed support for Parliament’s first reading on the Digital Markets Act while stressing that the proposed actions point in the right direction to ensure a fairer and more open EU digital market. However, he raised the alarm regarding the current situation with which a small number of companies run the online market and stressed that this is dangerous and unacceptable.
“We have come to believe that in many ways, our economy is reaping the benefits of a thriving digital marketplace within an open market system. However, small businesses as well as consumers find themselves trapped in a scenario. almost monopolistic, “said Sant.
“There are around 100,000 online platforms operating in the European Union, the vast majority of which are small and medium-sized enterprises. However, during this century some companies have gained a monopolistic position leading to unfair competition. The key step behind the Digital Markets Act (DMA) is to ensure that all digital companies, regardless of their size, are treated fairly and equally. “
The Labor MEP pointed out that often one or two gatekeepers influence and control the system by deciding who to enter and exit the market, and by offering what is in this same market.
Sant stated that he is in favor of moving towards market opening through interoperability and a structured system that aims to ensure a situation in which everyone has a fair and equal chance of success where players who control the competitive aspect of digital technology. market will be kept under control.
“From a competition point of view, these will be positive initial steps. There should now also be a debate on the possibility and feasibility of breaking these monopolies,” he added.
The European Parliament’s first reading on the Digital Markets Act was adopted by 642 votes to 8, with 46 abstentions.