EU DMA vs. US Legislative Proposals: Lessons and Path Forward

In record time, the European Union passed the Digital Markets Act (DMA)— legislation that imposes obligations and prohibitions on some of the world’s largest digital platforms. Meanwhile, in the United States, there seems to be general agreement that policy action is needed, but debate still continues as to what the appropriate legislative measures are. Current proposals range from targeted, narrower legislation to suggestions calling for a complete overhaul of generally applicable antitrust laws.  Why are the approaches across the Atlantic so different and what, if anything, can the United States learn from the solutions adopted abroad?