IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/20357_21.html
   My bibliography  Save this book chapter

Platform oligopolies, anti-trust policy and sustainable development

In: Handbook of Industrial Development

Author

Listed:
  • Eleni E.N. Piteli
  • Christos Pitelis

Abstract

This paper reviews debates on monopoly and competition in economics and management theory, to inform contemporary anti-trust/competition policy. It claims that extant antitrust policy is not designed to address today's realities of platform-based global oligopolies and that a new approach is required that accounts for their specificities and fosters world-wide sustainable development. This requires addressing constraints to sustainability and innovation-fostering fair, workable and healthy competition and co-opetition, diversity, and pluralism, intra and inter-nationally. Peoples, policymakers, and international organisations should help co-create the conditions that thwart regulatory capture and review available options to foster competition. These include eliminating conflicts of interest embedded within the business model of platform oligopolies, internalising negative externalities from their operations, determining the full real prices charged for services, discouraging anti-competitive acquisitions, fostering new firm creation and growth and breaking monopolies when required, in a way that does not undermine the innovation and value creating aspects of their activities.

Suggested Citation

  • Eleni E.N. Piteli & Christos Pitelis, 2023. "Platform oligopolies, anti-trust policy and sustainable development," Chapters, in: Patrizio Bianchi & Sandrine Labory & Philip R. Tomlinson (ed.), Handbook of Industrial Development, chapter 21, pages 357-381, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20357_21
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/edcoll/9781800379091/9781800379091.00032.xml
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Johan Krisnanto Runtuk & Poh Kiat Ng & Shih Yin Ooi, 2024. "Challenges and Solutions in Working with Green Suppliers: Perspective from a Manufacturing Industry," Sustainability, MDPI, vol. 16(20), pages 1-21, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:20357_21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.