Data becomes a more and more important factor in the economy. To fully develop the economic potential of the data economy, antitrust regulation has to prevent the abuse of market power while sustaining the benefits of cooperation. This paper presents the pillars of European antitrust regulation...

Starting on January 13, 2018, the Second Payment Services Directive (PSD2) will apply in the European Union. Among other things, the Directive’s aim is to adapt regulation to the innovations in payment services and to promote the Single Market for non-cash payments. However, PSD2 will only...

Digitale Plattformen sind auf vielen Märkten aktiv und spielen deshalb auch bei Innovationen eine entscheidende Rolle. Sie selbst bringen Innovationen hervor, können aber auch bei den Plattformnutzern und anderen Akteuren des Plattformökosystems Innovationen incentivieren. Plattformen...

The Digital Age saw the rise of several rapidly growing digital platforms with substantial market shares. Europe is a large target market for these globally operating platforms, although the majority of the most successful platforms come from the USA or Asia. In general, platform ecosystems...