The Digital Markets Act, leaving Europe with an oblique battle order.

The article discusses the Digital Markets Act (DMA) enacted by the European Union (EU) and its implications. The author questions the effectiveness of the DMA in shaping future markets and fostering innovation in Europe. They argue that the DMA lacks a clear vision for European digital markets and overlooks the benefits of the more economic approach in antitrust enforcement. The article also highlights concerns about overregulation and the denial of efficiency defenses under the DMA. Overall, the author suggests a need for skepticism and further analysis of the DMA's impact. The author, Thomas Lübbig, suggests that the EU impact assessment process should include more consideration of the potential market outcomes that can be achieved through regulation. He proposes that instead of relying solely on evaluation, the legislator should consider implementing binding sunset clauses, which would set a specific time limit for the regulation. The author acknowledges that predicting the future is difficult, but believes that this approach would provide a more balanced and effective approach to market regulation. [Extracted from the article]