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The Digital Markets Act makes clear choices about important tradeoffs in value to constrain the arbitrary power and dominance of gatekeepers over digital markets and guarantee a more equitable distribution of value with business users. We argue that the extent those objectives will be realized...
Persistent link: https://www.econbiz.de/10014030499
We consider the merits of the recent EU’s Digital Markets Act from the perspective of innovation and value creation. We conceptualize innovation as new interactions being created by the digital platform leading to ‘value creation’, in contrast to facilitating existing interactions or...
Persistent link: https://www.econbiz.de/10014081385
Digital platforms represent a new, potent disruptive force in incumbents’ businesses by transforming the way markets work and by altering the modalities by which incumbents’ offerings are delivered to and both accessed and consumed by customers. Digital platforms tend to disrupt in two basic...
Persistent link: https://www.econbiz.de/10013296980
Persistent link: https://www.econbiz.de/10013271575