Tech giant 'gatekeepers' must comply with all of the EU's new digital market rules
, Booking.com also expects to meet gatekeeper status by the end of the year and will notify authorities by then.
Gatekeepers are companies with an annual turnover in Europe of at least €7.5 billion in the last three financial years or those with a fair market value of at least €75 billion in the last financial year in at least three member states of the EU. They must also have served more than 45 million monthly active end users and more than 10,000 yearly active business users in the EU over the last three years.
Under the DMA, gatekeepers will be prohibited from favoring their own services over their rivals' and from locking users into their ecosystem. They must allow third parties to interoperate with their own services. They must also allow business users to promote their products/services and"conclude contracts with their customers outside the gatekeepers' platform.
All gatekeepers will have to comply with all aspects of the DMA in 2024. For now, European authorities will be reviewing the submissions and will be designating the gatekeepers for specific platform services by September 6th.
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