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Innovative development in the global science 2023 Boston, usaINNOVATIVE DEVELOPMENT IN THE GLOBAL SCIENCE5-11INNOVATIVE DEVELOPMENT IN THE GLOBAL SCIENCE
2023 Boston, USA
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dominant market position of the digital platforms. Provisions aimed at prohibiting
unfair business practices, such as predatory pricing, exclusive agreements, and
self-preferencing, can play a pivotal role in creating a level playing field for all
participants in the digital market. By curbing predatory pricing strategies designed
to drive competitors out of the market, the DMA can ensure healthy competition
and foster innovation among diverse market players. Furthermore, preventing
platforms from exclusive agreements that restrict other businesses' access to
essential services can encourage a more inclusive and open digital ecosystem.
Additionally, tackling self-preferencing practices, wherein platforms prioritize
their own products or services over others, can mitigate the risk of stifling
innovation and limiting consumer choice.
2. Data Privacy and Protection: As the flow of data fuels the digital
economy, robust data protection measures are imperative to maintain user trust and
confidence in digital platforms. The DMA can lay the groundwork for
comprehensive data privacy regulations, requiring platforms to handle user data
responsibly, transparently, and in compliance with rigorous privacy standards. By
empowering users with more control over their personal information, the DMA can
grant them the autonomy to make informed decisions about data sharing and usage.
Transparent data handling practices and stringent consent mechanisms can enable
users to understand how their data is processed and shared, while clear guidelines
on data retention and deletion can prevent unwarranted data accumulation. An
effective DMA can establish a robust framework for data breach notification,
compelling platforms to promptly inform users and authorities in case of security
incidents, bolstering accountability and responsiveness.
3. Transparency and Accountability: Transparency is paramount in fostering
trust between digital platforms, users, and regulators. The DMA can mandate
greater transparency in the operations of digital platforms, algorithmic decision-
making, and content moderation policies. By shedding light on the functioning of
algorithms that influence user experiences and content visibility, the DMA can
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