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Dominant digital platforms such as Google and Facebook collect personal information of users by default precipitating a market failure in the market for personal information. We establish the economic harms from the market failure. We discuss conditions for eliminating the market failure and...
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The share of manufacturing in GDP is declining, whereas the share of services – and business-related services in particular – is rising in almost all advanced economies. However, as these industries are mutually dependent in various ways this study focuses on the manufacturing sector as a...
Persistent link: https://www.econbiz.de/10012100140
Tech Reg refers to the regulation of internet-connected digital businesses and the discipline that studies the when, and how, to do that. It covers areas as diverse as big tech, crypto, fintech, gig, misinformation, privacy, and telemedicine. It will expand over the coming decades as the digital...
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firms competing for consumer attention and advertiser dollars. The last two decades of online platform competition … model innovations, and cross-platform rivalry. The palpable threat of displacement prevents online platforms from taking … their customers for granted. The history of online platform competition also provides empirical refutation of the …
Persistent link: https://www.econbiz.de/10012951065
platform governance regimes — this paper considers important aspects of analyzing vertical restraints in the digital world. It … then considers several applications involving platform rules, exclusive contracts, and MFNs for digital intermediaries …
Persistent link: https://www.econbiz.de/10012839880
We present a model of a market failure based on a requirement provision by digital platforms in the acquisition of personal information from users of other products/services. We establish the economic harm from the market failure and the requirement using traditional antitrust methodology....
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