April 26, 2022
EU adopts new legal framework to make marketplaces more accountable and fight web abuses such as misinformation and counterfeiting
Let's briefly recall the legal and economic context that led the European legislator to build a new body of rules before explaining the impact of the Digital Services Act.
Article updated on April 26, 2022 - Negotiators from the European Parliament, Council and Commission on the Digital Services Act (DSA) reached an agreement on April 23, 2022.
Second major step in European digital regulation after the Digital Markets Act, which will regulate markets from January 2023, the European Council and Parliament have agreed on a new text on digital services, which will enter into force on January 1, 2024. The first part aimed to fight against the dominant position of the web giants. The second part will regulate digital services.
Along with the Digital Markets Act (DMA), the Digital Services Act will set new standards for the coming years to govern the digital space and the conditions of competition for businesses. The DMA updates the 20-year-old E-Commerce Directive.
The principle is simple: what is illegal offline must also be illegal online.
What is the impact of the Digital Services Act on your platform, whether you are a Startup, Retailer or Pure-player?
Classifieds and C2C platforms are all affected, even the smallest startups. The measures depend on their role, size and impact on the online ecosystem.
The European Commission's press release states that "the DSA contains EU-wide due diligence obligations that will apply to all digital services that connect consumers with goods, services or content, including new procedures for faster removal of illegal content as well as comprehensive protection of users' fundamental rights online.
In concrete terms, the legislation on digital services contains:
The final text has not yet been published, so the measures to be implemented, the control procedures and the sanctions are not yet known. We will regularly update this article to inform you about the impact of the Digital Services Act on C2C marketplaces.
Tripartie limits the impact of the Digital Services Act and provides the necessary tools for your platform
Tripartie enables retailers, marketplaces and financial sector players to enter the second-hand and peer-to-peer market quickly, without operational and reputational risk.
Tripartie has a trust-based approach and provides a set of tools to ensure secure and compliant transactions and efficient user dispute resolution.