IDEAS home Printed from https://ideas.repec.org/a/vrs/wirtsc/v105y2025i3p155-160n1009.html
   My bibliography  Save this article

Ein Ordnungsrahmen für die »schöne neue Welt« der digitalen Medien

Author

Listed:
  • Küsters Anselm
  • Störring Matthias

Abstract

The digital transformation of media ecosystems, characterised by algorithmic curation, platform monopolies, and AI-generated content, poses unprecedented challenges to liberal democracies. This paper develops an updated ordoliberal framework to identify four systemic risks: (1) erosion of traditional media business models, (2) loss of consumer sovereignty in algorithm-driven environments, (3) market concentration among global tech platforms, and (4) geopolitical weaponisation of disinformation. Through the lens of Musgrave’s theory of merit goods, we argue that unregulated digital markets risk subverting media’s essential democratic functions as public informant and watchdog. Our policy framework proposes solutions at the European level, including structural separation of platform monopolies, AI transparency mandates and a truly unified internal market.

Suggested Citation

  • Küsters Anselm & Störring Matthias, 2025. "Ein Ordnungsrahmen für die »schöne neue Welt« der digitalen Medien," Wirtschaftsdienst, Sciendo, vol. 105(3), pages 155-160.
    • Handle: RePEc:vrs:wirtsc:v:105:y:2025:i:3:p:155-160:n:1009
    DOI: 10.2478/wd-2025-0045
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/wd-2025-0045
    Download Restriction: no
    File URL: https://libkey.io/10.2478/wd-2025-0045?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    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:vrs:wirtsc:v:105:y:2025:i:3:p:155-160:n:1009. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.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.