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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...
Persistent link: https://www.econbiz.de/10013245201
The digitisation of existing business models and the new way of doing business of digital platforms pose new challenges both to the performance of companies in the market and to the lives of consumers and users. The dominant digital companies are all American (Google, Facebook, Amazon, and...
Persistent link: https://www.econbiz.de/10013290824
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We discuss how the acquisition of private information by default without compensation by digital platforms such as Google and Facebook creates a market failure and can be grounds for antitrust enforcement. To avoid the market failure, the default in the collection of personal information has to...
Persistent link: https://www.econbiz.de/10012823905
One of the most profound changes in the industrial landscape in the last decade has been the growth of business ecosystems- groups of connected firms, drawing on (digital) platforms which leverage their complementors and lock-in their customers, exploiting the “bottlenecks” that emerge in...
Persistent link: https://www.econbiz.de/10013241781
The report engages with one of the most crucial questions of our time, the public governance of the digital economy, in particular focusing on the new forms of competitive interaction in the era of digital capitalism. New questions emerge out of the transition from the old to the new economy,...
Persistent link: https://www.econbiz.de/10013213845
The ubiquitous process of digitization changes economic competition on markets in several ways and leads to the … digital goods and markets. In Germany, national competition law was amended in 2017 in order to accommodate for digitization …
Persistent link: https://www.econbiz.de/10011926921
The European Union’s Digital Markets Act (DMA) initiative, which is set to introduce ex ante regulatory rules for “gatekeepers” in online platform markets, is one of the most important pieces of legislation to emanate from Brussels in recent decades. It not only has the potential to...
Persistent link: https://www.econbiz.de/10013310980
EU authorities increasingly take antitrust and data protection enforcement action against US internet companies. While many believe in digital protectionism, this paper looks at the foundations of data protection and antitrust policies across the Atlantic to propose an alternative explanation...
Persistent link: https://www.econbiz.de/10012853401