In December 2020, the European Commission proposed an ambitious new set of rules, the Digital Markets Act (“DMA”), which could be applicable in 2023 and whose rationale leans heavily on innovation. In many places throughout the proposed DMA recitals, the Explanatory Memorandum included...

This foreword analyses how the main characteristics of the digital economy should shape the objectives, the theories of harm, the process and the remedies of contemporary competition policy. It suggests that the ordo-liberalism offers a normative framework adapted to those characteristics of the...

The paper analyses the recent European Commission Proposal for a Digital Markets Act which will regulate the digital gatekeepers in order to increase market contestability and fairness in the European digital economy. First, the paper summarizes the main elements of the Commission proposal:...

The paper assesses the effects of the E-Commerce Directive which plays a key role in the development of online platforms in Europe and, on that basis, proposes some reforms for the forthcoming Digital Services Act. The paper shows that the country of origin principle is the greatest successes of...

The European institutions are currently debating the desirability of imposing restrictions on the way in which internet service providers (ISPs) in the EU can manage their networks and develop their offerings, under the broad heading of 'network neutrality'. In our opinion, so far, the need for...

Disruptive innovation, according to business literature, occurs when an innovative product is brought to a market, such as meets the basic requirements of the lower-end of an established value network and also offers added value outside of that value network. That product wins over consumers and...

This paper focuses on the EU reformed economic governance applied to the Member States of the euro area. Section II describes the new decision-making process to ensure surveillance and coordination of the national economic policies as well as to sanction the violation of the rules by the Member...

This paper analyses the reforms of the fiscal governance in the Euroopean Union introduced after the euro crisis. The first section is descriptive and gives a brief overview of the new fiscal governance as modified by the six-pack, the TSCG and the two-pack. The second section is critical and...

This paper studies the convergence and the remaining divergences of European competition and sector regulation in the electronic communications sector. It shows that (1) antitrust authorities are justified to intervene more intensively in the electronic communications sector than in the other...