14
Dec
2021
Watch
Digital Markets Act (debate)
Mr President, digital platforms have many advantages, for both entrepreneurs and consumers. Especially during the coronavirus crisis, it is good that entrepreneurs can easily offer their products that they normally sell in their stores via platforms. That is good news, but we have allowed these platforms to set their own rules for far too long. And when its platforms start to do what they are good at, namely grow very quickly, so that we now have a handful of large players on the European market that serve almost all users. With their exponential growth, these platforms have also started hoarding large amounts of data, prioritizing their own products and making it almost impossible for users to switch to a competitor. It is good that we are going to change that with the rules we are voting on today, because that was about time.