DMS Netherlands
New rules and regulations within the European Union
Since it was introduced to the public in 1993, the internet has changed society completely. Only 27 years later, it is almost impossible to imagine a life without it. And in an ever-changing world, the government needs to keep up as well. Rules and regulations about the internet are already instated, but the European Union is implementing stricter rules for internet companies. The drafts of these rules were already introduced in December 2021, and more regulations were composed in January 2022. But what are these rules exactly?

Two laws
The European Union's new regulations are primarily for larger internet companies. The two laws could significantly influence the way tech giants are operating. The new rules are important to prevent misuse by the enterprises but also to protect them (NU.nl, 2022). In December, the Digital Markets Act (DMA) was discussed; this regulation wants to prevent large internet businesses from abusing their users and mainly applies to corporations like Google, Meta, and Apple. Moreover, the Digital Services Act (DSA) needs to ensure that social media like Twitter, Facebook, and YouTube erase illegal or unwanted messages as soon as they are aware of them (NU.nl, 2022).
European Union
The European Parlament has already approved the DMA and DSA, but this does not make the law definite yet as the Council of the European Union also needs to agree with the terms. The council consists of ministers from 27 EU member states. It is expected for the new laws to be fully instated in a couple of months (NU.nl, 2022).
Human Rights Watch
The DMA and DSA will protect online consumers and assure an ethical way of practising e-business. Furthermore, the top of Digital Regulation will be more driven by Fundamental Rights. The Human Rights Watch (2022) even claims the new rules have the potential to protect human rights better online. However, they feel the European Union could go further with these regulations and plea for a more ambitious agenda with stronger safeguards against government abuse.
Let's get in touch!
The new regulations might boost online sales as consumers' faith might increase. This could be an opportunity, and relocating your business to the Netherlands would be worth your while. When instating your enterprise in the Netherlands, DMS could be your ideal business partner. DMS is a privately owned boutique corporate service provider with a highly motivated and educated team of professionals. Services include Domiciliation+, Administration, Management, and, if necessary, Liquidation. Many of DMS' dedicated contact persons have over 25 years of experience with forging longstanding relationships with clients and providing top-tier management services.