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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....
Persistent link: https://www.econbiz.de/10012842782
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 December 2020 Commission's proposal for a Digital Markets Act (DMA) reached a compromised text with the Council and the Parliament on March 24, 2022. While the text that will impose obligations and prohibition rules on large online platforms acting as "gatekeepers" before any wrongdoing...
Persistent link: https://www.econbiz.de/10013289208
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
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
Antitrust cases related to privacy are on the agenda of many competition authorities worldwide, including Europe, the United States, the United Kingdom (the UK), India, Turkey, Germany, and France. Antitrust and privacy is thus "one of the big topics of the year," as stated by the former...
Persistent link: https://www.econbiz.de/10013312702
This thesis addresses Big Data issues in competition law in three chapters. Chapter one proposes new economic tools to define the relevant market and the market power in the data-driven economy. It argues the need to reform the relevant market and the market power by considering new tools and a...
Persistent link: https://www.econbiz.de/10014091542
Development in generative artificial intelligence chatbots like ChatGPT forces search engine providers to move from search to answer engines. Unlike search engines that provide search results of content creators via blue links, answer engines generate personalised answers through a conversation...
Persistent link: https://www.econbiz.de/10014344680
We show that the rise in ebook prices following Apple's entry into the market can be explained by Amazon's Kindle device losing its essential position. When consumers began accessing Amazon's ebooks using third-party devices, such as the iPad, Amazon's incentive to keep ebook prices low...
Persistent link: https://www.econbiz.de/10010358000
When Apple entered the ebook market, prices rose. A recent court decision found Apple guilty of colluding with publishers, blaming the price hike, in part, on agency agreements and prohibiting their use. Building a model to compare these with traditional wholesale agreements, we identify a...
Persistent link: https://www.econbiz.de/10010415517