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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
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
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
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To regulate or not to regulate is not anymore a Shakespearian issue. The digital economy must be regulated. The question is now about how to regulate it to promote an efficient and fair competition. This paper is the section 4 of my chapter 3 of my PhD thesis “Competition Law and economics of...
Persistent link: https://www.econbiz.de/10014090430
From Facebook acquiring WhatsAPP and Instagram to Microsoft buying out Linkedin, Skype and Github or Google swallowing Motorola Mobility, DoubleClick or Nest Labs, mergers and acquisitions in the digital economy have been controversial. Some of the concerns have been fairly traditional. While...
Persistent link: https://www.econbiz.de/10013230842
In December 2020, new regulation of digital markets was proposed by European Commission. It specifically addresses main concerns raised by business behavior of operators of core services in their gatekeeping positions. However, voice assistants (or digital personal assistants, DPAs, e.g. Apple's...
Persistent link: https://www.econbiz.de/10012795284
The subject of vertical restraints is well-trod territory in antitrust. Most of the cases, and economic literature, have focused, however, on the physical world of manufacturers and distributors. This paper considers what's new and different about the digital world that matters for the antitrust...
Persistent link: https://www.econbiz.de/10012839880
There is a growing international consensus that standard competition law is inadequate for addressing the panoply of competition problems arising in digital platform markets. Alongside a proposal for ex ante regulation in this arena, the European Commission is considering the introduction of a...
Persistent link: https://www.econbiz.de/10012826377