The European Commission has proposed an ambitious set of new rules to regulate digital services and very large platforms in the European Union.
The proposed Digital Services Act (DSA) aims to set common but tailored obligations and accountability rules for providers of network infrastructure (such as Internet access providers), hosting service providers, and in particular for online platforms (i.e. online marketplaces and social media platforms).
These new rules would cover providers that provide services in the union, even if they are not established in the EU. For the first time, full-fledged oversight and enforcement rules are envisaged with the ability to set fines of up to 6% of the global annual turnover of platforms.
Cullen International just published a new ‘Tracker’, which provides a handy overview of the new proposed rules, the key contacts and the milestones. It will be updated every month with all the important developments as the DSA is scrutinised and amended by EU Parliament and Council.
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