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Under the European Union's Digital Markets Act (DMA), six 'gatekeepers' (Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft) have been designated in relation to 22 core platform services (CPS). The gatekeepers have until 6 March 2024 to propose to the European Commission how they will comply...
Persistent link: https://www.econbiz.de/10014513684
Large digital firms pose similar competition issues worldwide, such as promoting their own services over those of rivals, or imposing unfair terms and conditions. Competition authorities have opened several antitrust investigations and policymakers have proposed digital competition regulations...
Persistent link: https://www.econbiz.de/10014231818
Large online platforms are intermediaries between end-users and business users. They sometimes propose their own products and services alongside those of rivals. This can lead to platforms promoting their offers over those of competitors in so-called self-preferencing. The European Union Digital...
Persistent link: https://www.econbiz.de/10013494159
Large digital platforms acquired 1149 firms in various economic sectors between 1987 and July 2022. The European Commission reviewed only 21 of these mergers as most did not meet the European Union merger control turnover threshold. This suggests under-enforcement, with some problematic mergers...
Persistent link: https://www.econbiz.de/10013494184
Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers...
Persistent link: https://www.econbiz.de/10014316205
Foundation models (FMs) are the origin of breakthrough innovations in generative artificial intelligence (AI) applications, such as ChatGPT. Only responsible developments in competitive markets can help ensure that FMs deliver their full benefits at minimum risk. FM developers require language...
Persistent link: https://www.econbiz.de/10014316286
Persistent link: https://www.econbiz.de/10014477659
Cloud computing providers and generative artfi cial intelligence (GenAI) providers nurture a close, interdependent relationship: GenAI providers need cloud providers to train, run and deploy their GenAI solutions, while cloud providers see GenAI providers as a business driver to grow their...
Persistent link: https://www.econbiz.de/10014497378
Cloud computing providers and generative artfi cial intelligence (GenAI) providers nurture a close, interdependent relationship: GenAI providers need cloud providers to train, run and deploy their GenAI solutions, while cloud providers see GenAI providers as a business driver to grow their...
Persistent link: https://www.econbiz.de/10014528815
Under the European Union's Digital Markets Act (DMA), six 'gatekeepers' (Alphabet, Amazon, Apple, ByteDance, Meta and Microsoft) have been designated in relation to 22 core platform services (CPS). The gatekeepers have until 6 March 2024 to propose to the European Commission how they will comply...
Persistent link: https://www.econbiz.de/10014528986