Work

Implementing Interoperability: Regulating Innovation and Competition under PSD2 and DMA

Year: 2025

Type: article

Abstract: The paper examines challenges in implementing interoperability requirements in digital markets. Designed to foster innovation and competition in retail payments, interoperability has been central to the EU’s open banking framework under the PSD2. It also plays a key role in the DMA, where interoperability requirements are aimed at supporting innovation and the framework’s goals of contestability and fairness. The paper identifies similarities between the PSD2 and DMA approaches to interoperability and outlines lessons DMA enforcers can learn from the implementation of open banking.

Source: European Journal of Risk Regulation

DOI: 10.1017/err.2025.10061

Authors: Nikita Divissenko, Alessia Sophia D’Amico

Institution: Utrecht University

Language: English

Topic: Diverse Legal and Medical Studies

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $3,550