{"id":85069,"date":"2021-11-12T03:00:01","date_gmt":"2021-11-12T02:00:01","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=85069"},"modified":"2021-11-11T08:18:43","modified_gmt":"2021-11-11T07:18:43","slug":"why-does-the-eu-want-to-regulate-the-platform-economy","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/why-does-the-eu-want-to-regulate-the-platform-economy\/","title":{"rendered":"Why does the EU want to regulate the platform economy?"},"content":{"rendered":"
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The last two decades have been marked by the unprecedented development of the online world – the rise of new technologies, companies, new ways of working, shopping, booking accommodation or even ordering food and transport.<\/strong><\/p>\n

\"Why<\/a><\/p>\n

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\u00a0The e-Commerce directive, the\u00a0cornerstone of the digital single market, was adopted in 2000, when platforms like Amazon, Google and Booking.com were just starting out, and Facebook, Airbnb and Instagram did not even exist.<\/p>\n

EU legislation needs to catch-up with online developments and that is why the EU is working on a new legislative framework called the\u00a0Digital Services Act (DSA), which will set guidelines for the new online landscape, including online platforms, to ensure a better, safer digital environment for users and companies throughout the EU.<\/p>\n

The economic importance of the platform economy<\/h3>\n

One of the most significant developments in the last 20 years is the rise of\u00a0online platforms<\/a>. They include online marketplaces, social media, app stores, price comparison websites as well as search engines, and it is hard to imagine life without them.<\/p>\n

By making cross-border trading within and outside the EU easier, platforms have brought significant benefits for consumers and opened new opportunities for European businesses and traders. According to the European Commission, one million EU businesses are already selling goods and services via online platforms, and more than 50% of small and medium enterprises selling through online marketplaces sell cross-border.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Online platform issues the EU wants to regulate<\/h3>\n

New opportunities bring new risks however. European consumers have been exposed to new ranges of illegal goods, activities and content, while new online businesses struggle to enter a market dominated by large platforms. Connecting many businesses with many consumers through their services and their access to large amounts of data gives big platforms leverage to control and set standards for important areas of the digital economy. The EU wants to regain the initiative to shape those areas at the European level and set standards for the rest of the world.<\/p>\n

How do MEPs want to address these problems?<\/h3>\n

MEPs have\u00a0spelled out their priorities for what the Digital Services Act should include<\/a>:<\/p>\n