With the release of the new DSA-DMA legislative package, the EU wants to echo its ‘Brussels effect’ into the realm of digitalisation.
Author: Antonios Nestoras, PhD, Head of Policy and Research, European Liberal Forum
Ever since its conception, the EU has been a worldwide leader in setting international norms and standards across markets. With the release of the new DSA-DMA legislative package, the EU wants to echo its ‘normative power’, or the so-called ‘Brussels effect’, into the realm of digitalisation. However, the new regulations should not lead to the EU’s self-isolation, nor should they stifle innovation in a heavily inter-linked market that thrives on open internet and open borders. In 2022, the EU’s digital agenda will feature many inter-institutional negotiations on the DSA-DMA package that can lead to European digital autonomy. As far as this autonomy needs to be open and strategic at the same time, the Trade and Technology Council (TTC) as a forum for dialogue between close allies can also be an important factor in shaping liberal democratic governance for the world’s digital economy.