CEU Electronic Theses and Dissertations, 2023
| Author | Rueckert, Leon |
|---|---|
| Title | The Path to the Digital Markets Act |
| Summary | With the adoption of the Digital Markets Act (DMA) in 2022, the EU has positioned itself as the first-mover setting comprehensive rules in competition policy for digital markets. The fact that the EU acted resolutely far ahead of the US raises the question of why the EU acted in this way at that specific time. The position of the US moves from rejecting and deeming the EU’s approach to be protectionist prior to the adoption of the DMA towards a more open and cooperative stance after its adoption. Utilising the method of Analytic Narratives, this dissertation tells the development of competition policy in digital markets in the EU and the US. It uses different models to analyse the dynamics in the two jurisdictions in different periods. Comparative cost-benefit analyses reflect on the change in preferences over the four periods. A sequential game and a two-level game support modelling the reasoning of the EU and the US. The analysis identifies the change in the perception of the Big Tech companies related to the EU's policy objective of digital sovereignty, the regulatory inaction of the US and the concept of the Brussels Effect to be significant drivers for the actions taken by the EU. |
| Supervisor | Prof. Sitter, Nick; Prof. Karagiannis, Yannis |
| Department | School of Public Policy MA |
| Full text | https://www.etd.ceu.edu/2023/rueckert_leon.pdf |
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