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A Regulatory Toolkit for Competition

In: The Platform Economy

Author

Listed:
  • Vladimir S. Osipov

    (MGIMO-University
    Lomonosov Moscow State University)

  • Liu Dun

    (Beijing Jiaotong University)

Abstract

There are possible risks and threats of digital companies due to monopole position described in the chapter. We follow the idea that a digital company will not necessarily be a bad thing for the market, but the potential for abuse of monopoly power will certainly arise. The main goal of the chapter is to show the possible toolkit for regulating digital platforms and their competitive behavior, but also to assess the prospects for activity of digital platforms. Of course, digital platforms are prone to opportunistic behavior due to their market power. The international activity of digital platforms forces states and governments to negotiate with each other and coordinate the supranational tax and technological policy. Other way to regulate the activities of digital platforms is by blocking within the borders of nation-states. This is used, in particular, by China, Russia, USA, and some other states. Governments turned out to be interested both in filtering information disseminated through digital platforms and in the complete blocking of certain resources that cause risks for political stability, economic security, and maintaining the moral principles of society.

Suggested Citation

  • Vladimir S. Osipov & Liu Dun, 2022. "A Regulatory Toolkit for Competition," Springer Books, in: Maxim I. Inozemtsev & Elina L. Sidorenko & Zarina I. Khisamova (ed.), The Platform Economy, pages 283-299, Springer.
  • Handle: RePEc:spr:sprchp:978-981-19-3242-7_20
    DOI: 10.1007/978-981-19-3242-7_20
    as

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