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Competition Policy In The Digital Economy

Author

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  • Sanja Franc

    (University of Zagreb)

Abstract

Digital transformation is a source of new and changed business models that change market conditions. Digital platforms facilitate access to global market for enterprises of all sizes. However, taking a dominant position in the market and abusing the market power of digital platforms are common forms of distortion of competition. The aim of this paper is to investigate the impact of digital platforms on competition. Based on a critical approach and grouping of alternative attitudes around market regulation and competition, a model was developed in which key problems and potential solutions were highlighted, as well as the wider effects of competition protection in the digital market. The conclusion of the analysis indicates that it is necessary to develop new tools and criteria for market analysis, ensure greater control over supervision of acquisitions, encourage information sharing both among market participants and with the Government, revise public procurement rules and introduce customized quality standards. The importance of a supportive competitive environment is emphasized.

Suggested Citation

  • Sanja Franc, 2020. "Competition Policy In The Digital Economy," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 29(2), pages 491-512, december.
    • Handle: RePEc:avo:emipdu:v:29:y:2020:i:2:p:491-512
    DOI: 10.17818/EMIP/2020/2.9
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    Cited by:

    1. Pavel Zdražil & Ivana Kraftová, 2022. "The Determinants of Competitive Advantage for Europe’s Regions: Digital Economy at the Start of the Fourth Industrial Revolution," Journal of Economics / Ekonomicky casopis, Institute of Economic Research, Slovak Academy of Sciences, vol. 70(5), pages 450-471, May.

    More about this item

    Keywords

    digital platforms; digitization; competition protection; global market;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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