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Apps, Cloud & Digital

Deal on Digital Markets Act: EU rules to ensure fair competition and more choice for users

On 24 march evening, Parliament and Council negotiators agreed new EU rules to limit the market power of big online platforms. The Digital Markets Act (DMA) will blacklist certain practices used by large platforms acting as “gatekeepers” and enable the Commission to carry out market investigations and sanction non-compliant behaviour. The text provisionally agreed by Parliament and Council negotiators targets large companies providing so-called...

Tax challenges from digitalisation of the economy consensus-based long-term solution for a agreement by mid-2021

The international community has made substantial progress towards reaching a consensus-based long-term solution to the tax challenges arising from the digitalisation of the economy, and agreed to keep working towards an agreement by mid-2021, according to a Statement released today (12/10/2020). The OECD/G20 Inclusive Framework on BEPS, which groups 137 countries and jurisdictions on an equal footing for multilateral negotiation of international tax rules, agreed...