The digital platform economy and its regulation at the European level : an analysis of the implications for competition and innovation
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NICORA_18201700_2022.pdf
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- Digital markets have been characterized by major innovations that have reshaped the way we communicate, buy, socialize and do business. The market is worryingly dominated by a small number of players (GAFAM) and Europe is concerned about the market power of these companies. Therefore, the European Parliament has made a proposal for a regulatory framework. My objective is to understand how online platforms can be regulated from a competitive point of view, while addressing the risks in terms of innovation associated with this regulation. Through the collection of thoughts from experts, I attempt to build my own opinion on the best way to regulate the digital platform economy. Overall, I weigh the pros and cons and analyze the trade-off between competition and innovation.