ITIF, a US think tank, discourages Brazil from "rushing into DMA-like regulation"
ITIF, a US think tank, discourages Brazil from "rushing into DMA-like regulation"
itif.org
Brazil Should Avoid Rushing Into DMA-Style Regulation
A bill proposing ex ante regulation of digital markets in Brazil would harm efficiency and innovation. Given the significance of this bill, the Brazilian legislature should not proceed with a motion t...
cross-posted from: https://lemmy.world/post/43489045
The spread of fast-follower regulations modeled after the EU’s Digital Markets Act (DMA) and the United Kingdom’s Digital Markets, Competition, and Consumers Act (DMCC) reinforces the “Brussels Effect,” which ITIF has argued constitutes a form of digital imperialism that hinders innovation in the Global South.