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Last Updated on September 28, 2023
The EU Digital Markets Act (DMA) is part of the EU Digital Services Package that aims to create a safer online space along with the EU Digital Services Act (DSA). The DMA aims to ensure a contestable, fair, and competitive digital market and to ban unfair business practices by large online platforms.
The DMA regulates designated gatekeeper organizations that provide core platform services (CPS) in at least three member states of the EU. Core platform services that can fall under the scope of the DMA includes online intermediation services, online search engines, online social networking services, video-sharing platform services, number-independent interpersonal communications services, operating systems, web browsers, virtual assistants, cloud computing services, and online advertising services.
For an organization to come under the scope of the Act, it must meet one of the following thresholds:
The DMA was published in the Official Journal of the European Union on 12 October 2022. It enters into force on 1 November 2022, and the notification process by which the European Commission designates companies as “gatekeepers” under the Act starts six months later, i.e., on 1 May 2023. Once an organization has received notification by the European Commission that it has been designated as a gatekeeper, it will have six months to comply with the requirements of the DMA at the latest by 6 March 2024.
All designated gatekeepers must comply with DMA's list of dos and don'ts. The DMA is one of the first measures to thoroughly restrict the power of the biggest internet businesses as gatekeepers.
Once put into effect, it will create a set of requirements for chosen gatekeepers and enforce penalties, including fines of up to 10% of the global turnover, in the event of non-compliance.
Securiti enables organizations to comply with the EU’s Digital Markets Act (DMA) through AI-driven PI data discovery, DSR automation, documented accountability, enhanced visibility into data processing activities, and AI-driven process automation.
Securiti supports enterprises in their journey toward compliance with the EU’s Digital Markets Act (DMA) through automation, enhanced data visibility, and identity linking.
See how our comprehensive PrivacyOps platform helps you comply with various sections of the EU’s Digital Markets Act (DMA).
Request a demo today to learn how Securiti can aid you and your organization's compliance efforts.
DMA Article 5(1)(a), DMA Recital 46
Securiti allows organizations to discover and protect large datasets via automated data mapping. Effective and automated data mapping helps match personal data with its correct owners in all structured and unstructured data systems. This ultimately allows gatekeeper organizations to ensure purpose limitation in relation to aggregated and non-aggregated data.
DMA Article 5(2), DMA Recital 36, Recital 37, Recital 60
Securiti's Consent Management Platform enables organizations to obtain end-user's consent for data access, retrieval, and advertising purposes. It allows consent management as per the requirements of the GDPR and e-Privacy Directive. Moreover, accurate consent status is recorded to demonstrate compliance.
DMA Recital 72
Securiti's Privacy Notice Creation and Management Solution allows organizations to transparently inform their users about any access or use of their personal data. Gatekeeper organizations can describe the basis upon which profiling is performed, including whether personal data is relied on and the purposes for which the profile is prepared.
DMA Recital 9, Recital 10
Securiti's Data Intelligence enables organizations to identify emerging risk areas and implement security controls. This ultimately enables gatekeeper organizations to facilitate access to data in real-time utilizing appropriate technical measures.
At Securiti, our mission is to enable enterprises to safely harness the incredible power of data and the cloud by controlling the complex security, privacy and compliance risks.