Source: https://ec.europa.eu/commission/presscorner/detail/en/speech_24_1702
Context: https://daringfireball.net/2024/03/more_on_the_eus_market_might
Translation by: iOS 17.4 Translate app


Thank you, Margrethe, and hello everyone.

Before presenting the measures we are taking today, let me highlight an important point.

The DMA has been applicable since March 7. This means that it has been truly effective for exactly 18 days.

And I will tell you a simple but important thing: in 18 days, the DMA has moved the lines of the digital giants more than in the last 10 years.

It's not me who says it, but developers and users who finally see concrete changes and openness to give everyone the opportunity to gain market share, for example for browsers.

In 18 days, therefore, already very concrete results. Why?

Because it is an internal market regulation. This is where the revolution operates.

You know how much I fought for the DMA to be a so-called "domestic market" regulation, ex ante therefore. Because it is the best way to promote our continent, Europe, which is an open continent, but according to our conditions.

And a market of 450 million customers is simply unthinkable for anyone not to be there.

Where the digital giants could pay without eyebrows, fines of several billion dollars – by the way, when they had to pay them, after long years of procedures, which was not systematic, far from it... – today none of them can afford not to be in our market.

This is the reality of the balance of power of the world in which we operate.

So does everyone play the game perfectly the first time? We are entitled to doubt it of course and we are here to doubt by definition in a way I would say.

At the very least, to check.

And that's what we're doing today.

If you allow it, I will extend my remarks in English.