According to reports, representatives of the European Commission, the EU Parliament and member states have recently reached an agreement on the regulations of the Digital Service Act (DSA). DSA is one of the most important digital policy legislation programs of the European Commission. Another part is provided by the EU agency’s “Digital Market Law” (DMA) reached at the end of March.
Historical moment! After 16 hours of negotiations, the EU Green Light “Digital Service Law”!
The Digital Service Act (DSA) is generally suitable for large online intermediary services: including Internet providers, cloud custody services, e -commerce platforms, search engines, app stores and social media platforms. Such large operators will have to submit a written risk assessment once a year in the future, emphasizing the dangers brought by their services and what measures the operators are taking to reduce the risk of recognition.
And small and medium -sized online retailers are not subject to such regulations. According to the committee, if large platforms are more controlled and more transparent, small and medium -sized online retailers and platform sellers can benefit from long -term structural improvement.
However, the introduction of new regulations will also make the EU business operations more standardized. All e -commerce platforms have obliged to identify all sellers and must store seller information, such as ID cards, names or addresses. In addition, e -commerce platforms are obliged to collect data and services sold on all platforms and randomly check illegal products. In this way, we will increase its blow to illegal product suppliers.
Post time: May-05-2022