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Digital markets and online platforms: new perspectives on regulation and competition law
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#Tech, Media, Telecom

Digital markets and online platforms: new perspectives on regulation and competition law

  • November 18, 2020
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BOOK | Digital markets and online platforms: new perspectives on regulation and competition law
SLIDES | Digital markets and online platforms: new perspectives on regulation and competition law (Prof. Jan Krämer)

Across the world, regulators and policy makers are grappling with how to establish a competitive, safe and fair online environment that also safeguards users’ fundamental rights as citizens. Ahead of the European Commission’s Digital Markets Act (DMA), this book “Digital markets and online platforms: new perspectives on regulation and competition law“, presents CERRE’s latest contribution to the debate with concrete policy recommendations drawn from our recent research.

“Europe has led the way on data protection, and it is ready to do so again when it comes to the regulation of online platforms, which are so important for our lives and our economies.” – Bruno Liebhaberg, CERRE Director General

Together, the policy recommendations in this book present a roadmap that should be pursued for EU policy makers to safeguard competition and innovation in digital platform markets. They can be organised into three key areas for action: (i) More effective enforcement, (ii) increased transparency and switching easiness, and (iii) providing access to key innovation capabilities.

“The need to safeguard fair and vibrant competition, which is also seen as an important driving factor for innovation, is nothing new for policy makers. However, the characteristics and complexities of digital markets have challenged some of the traditional approaches.” – Jan Krämer, editor of the book and CERRE Academic Co-Director

The book’s recommendations highlight that platform transparency and associated data collection by authorities, as well as data sharing by platforms (initiated through consumers or authorities), are the two most important overarching policy measures for platform markets in the near future. They facilitate enforcement, consumer choice, and innovation capabilities in the digital economy.

The contents of this book were presented and debated during a CERRE live debate with guest speakers Anne Yvrande-Billon (Arcep’s Director of Economic, Market and Digital Affairs), MEP Stéphanie Yon-Courtin (Vice-President of the European Parliament’s Committee on Economic and Monetary Affairs) and Javier Espinoza (Financial Times’ EU Correspondent covering competition and digital policy).

“Identifying the most adequate policy and regulatory framework to make digital markets competitive, safe, fair and innovative cannot be achieved without a deep and constructive dialogue between the key parties involved.” – Bruno Liebhaberg, CERRE Director General

The following CERRE Tech, Media, Telecom reports are featured in the book:

  • “Market definition and market power in the platform economy“
  • “Implementing effective remedies for anti-competitive intermediation bias on vertically integrated platforms“
  • “Internet platforms and non-discrimination“
  • “Big Tech acquisitions: competition and innovation effects & EU merger control“
  • “Making data portability more effective for the digital economy“
  • “The role of data for digital markets contestability: case studies and data access remedies“
  • “Data sharing for digital markets contestability: towards a governance framework“

This book was launched and discussed during a CERRE public event.

Author(s)
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Jan Krämer
Jan Krämer
CERRE Academic Co-Director
University of Passau

Jan Krämer is an Academic Co-Director at CERRE and a Professor at the University of Passau, Germany, where he holds the chair of Internet & Telecommunications Business.

Previously, he headed a research group on telecommunications markets at the Karlsruhe Institute of Technology (KIT), where he also obtained a diploma degree in Business and Economics Engineering with a focus on computer science, telematics and operations research, and a Ph.D. in Economics, both with distinction.

He is editor and author of several interdisciplinary books on the regulation of telecommunications markets and has published numerous articles in the premier scholarly journals in Information Systems, Economics, Management and Marketing research on issues such as net neutrality, data and platform economy, and the design of electronic markets.

Professor Krämer has served as academic consultant for leading firms in the telecommunications and Internet industry, as well as for governmental institutions, such as the German Federal Ministry for Economic Affairs and the European Commission.

His current research focuses on the role of data for competition and innovation in online markets and the regulation of online platforms.

Marc Bourreau
Marc Bourreau
CERRE Academic Co-Director
Télécom Paris

Marc Bourreau is a Academic Co-Director at CERRE and Professor of Economics at Télécom Paris (Institut Polytechnique de Paris). He is affiliated with the interdisciplinary institute for innovation (i3) for his research.

His research focuses on competition policy and regulation, digital markets, and telecommunications.

Marc holds a Ph.D. in Economics from the University of Paris Panthéon Assas.

Sally Broughton Micova
Sally Broughton Micova
CERRE Academic Co-Director
University of East Anglia

Sally Broughton Micova is a CERRE Academic Co-Director and an Associate Professor in Communications Policy and Politics at the University of East Anglia (UEA). She is also a member of UEA’s Centre for Competition Policy.

Her research focuses on media and communications policy in Europe.

She completed her PhD in the Department of Media and Communications at the London School of Economics and Political Science (LSE), after which she was an LSE Teaching and Research Fellow in Media Governance and Policy and Deputy Director of the LSE Media Policy Project.

Alexandre De Streel
Alexandre de Streel
CERRE Academic Director
University of Namur

Alexandre de Streel is the Academic Director of the digital research programme at CERRE and Professor of European law at the University of Namur where he chairs the Namur Digital Institute (NADI). Alexandre is also visiting professor at the College of Europe (Bruges) and SciencesPo Paris. Besides, he chairs the expert group on the online platform economy advising the European Commission and is a part-time judge at the Belgian Competition Authority.

His main areas of research are regulation and competition policy in the digital economy as well as the legal issues raised by the developments of artificial intelligence.

Previously, Alexandre held visiting positions at New York University Law School, European University Institute in Florence, Barcelona Graduate School of Economics and University of Louvain. He also worked for the Belgian Deputy Prime Minister, the Belgian Permanent Representation to the European Union and the European Commission.

Richard Feasey
Richard Feasey
Senior Advisor
Tech, Media, Telecom

Richard Feasey is a CERRE Senior Adviser, an Inquiry Chair at the UK’s Competition and Markets Authority and Member of the National Infrastructure Commission for Wales.

He lectures at University College and Kings College London and the Judge Business School.

He has previously been an adviser to the UK Payments Systems Regulator, the House of Lords EU Sub-Committee and to various international legal and economic advisory firms.

He was Director of Public Policy for Vodafone plc between 2001 and 2013.

Jens Uwe Franck Color
Jens-Uwe Franck
Professor of Law
University of Mannheim

Jens-Uwe Franck is Professor of Law at the University of Mannheim and Senior Member of the Mannheim Centre for Competition and Innovation.

While his main research focus is in the field of competition law, he regularly engages in research projects on cross-cutting issues that concern the legal constitution of markets.

His research is characterised by a comparative approach and an openness to interdisciplinary work, particularly collaboration with economists. Current research projects focus on the challenges to market regulation posed by the rise of digital platforms.

Bruno Liebhaberg
Bruno Liebhaberg
Founder and Director General, CERRE

Bruno Liebhaberg is Director General of the think tank Centre on Regulation in Europe (CERRE) which he founded in 2010. From 2018 to 2021, he was also the first Chairman of the European Union Observatory on the Online Platform Economy. He is also an Honorary Professor at the Université Libre de Bruxelles’ Solvay Brussels School of Economics and Management (SBS-EM ULB) where he taught from 1979 to 2018. Earlier in his career, he advised former European Commission President Jacques Delors on industry and R&D matters related to the completion of the EU Single Market. He holds a Master in Management Sciences from SBS-EM ULB and a Ph.D. in Industrial Relations from the London School of Economics and Political Science.

 

 

 

 

Martin Peitz
Martin Peitz
Former CERRE Research Fellow
University of Mannheim

Professor Martin Peitz is a former CERRE Research Fellow and Professor of Economics at the University of Mannheim. He is also a Director of the Mannheim Centre for Competition and Innovation.

His policy research focuses on digital markets, regulation, and competition economics.

Martin holds a PhD in Economics from the University of Bonn.

D. Schnurr
Daniel Schnurr
CERRE Research Fellow
University of Regensburg

Daniel Schnurr is a CERRE Research Fellow and Professor of Machine Learning and Uncertainty Quantification at the University of Regensburg. He is also head of the research group Data Policies.

He received his Ph.D. in Information Systems from the Karlsruhe Institute of Technology, where he previously studied Information Engineering and Management (B.Sc. & M.Sc.). Daniel Schnurr has published in leading journals in Information Systems and Economics on competition and data sharing in digital markets, regulation of data-driven market power and competition and cooperation in telecommunications markets.

His current research focuses on the role of artificial intelligence in competition, privacy and data sharing in digital markets as well as regulation of AI and the data economy.

 

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