In April 2020, the European Commission launched the review of the Market Definition Notice (MDN), which had remained unaltered since its adoption in 1997. Among the novelties in the revised “Draft MDN” as published in November 2022 is additional guidance in relation to market definition in digital markets, such as multi-sided markets, aftermarkets, and digital eco-systems. This guidance builds on the significant experience built in the last two decades both in the realm of merger control and
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