EBF response: European Commission consultation on Digital Services Act (DSA)
10 September 2020
The European Banking Federation has responded to the European Commission’s (EC) consultation on the Digital Services Act, we would like to present the respective key messages prior to the publication of the EC legislative proposal on the Digital Services Act.
KEY MESSAGES
- The EBF supports an ex ante regulatory approach to large online
platforms, securing fair competition in a digitally transformed market
- The EBF agrees that the regulatory approach should include clear obligations and prohibited practices for large online platforms
- The EBF advocates the formulation of specific rules on platforms
related to user data, including an obligation to provide users – both
individuals and firms – with an effective mechanism for data portability
- The EBF sees a need for enhanced data sharing by large online platforms with the public authorities
- The EBF supports the possibility of regulatory intervention against
specific large online platform companies, when necessary with case by
case adapted remedies
Click here for the EBF response submitted in the European Commission consultation
EBF
© EBF
