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This article provides an overview of the EU and UK regulations for competition in digital markets, specifically the EU Digital Markets Act (DMA) and the UK Digital Markets, Competition and Consumers Act (DMCCA). It highlights three key issues that are often overlooked in the literature: what actions to take, how to implement them, and what to avoid. The article explores the goals of fairness and contestability, the challenges of vertical and horizontal competition, and the potential impact on the emergence of EU/UK BigTech companies. It emphasizes the need for a new regulatory philosophy and mindset, as well as a strategic vision and policy for digital competition. The article also mentions the 'Digital Markets Research Hub', a YouTube channel that features discussions with experts in the field of digital competition law. [Extracted from the article]

An unprecedented recalibration of the rules regulating the functioning of competition in the digital markets has catalysed diverse reactions among the main stakeholders. The proposed approach to regulating gatekeepers will have a paradigmatic impact on European consumers, businesses and public institutions. It will have equally significant implications for the theoretical foundations of competition law, economics and policy. While formally the Digital Markets Act (DMA) is complementing, not substituting, existing provisions of competition de lege lata, such a substantial extension of the rationale and instruments of competition policy is likely to have significant implications also for the application of ex-post rules. The entire apparatus of competition law will be extended by the new modality. Out of the wide spectrum of changes introduced by the DMA/DSA proposal, this article identifies and analyses one of the central - though not so commonly discussed - elements of the transformation. It asks a normative question about what kind of competition in the digital markets the European Union should seek to establish, and a methodological question about procedural and substantive legal mechanisms used for shaping such a new format. [ABSTRACT FROM AUTHOR]

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The article discusses the provisions of the regulations governing competition and antitrust law in the context of European jurisdiction. It explores the theoretical argument of the regulation primarily in the European Union by considering its conceptual implications to other relevant jurisdictions. It also examines the meaning of the framework citing that the integration of economic aspects, as well as political and cultural elements constitutes the core of democratic governance. Furthermore, it analysis the regulatory practices developed to protect free elections as well as free speech in economic competition.