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The Internet and Regulation

In: How Digital Communication Technology Shapes Markets

Author

Listed:
  • Swati Bhatt

    (Princeton University)

Abstract

The Internet was created in a culture of collaboration and distributed decision-making. With organization behemoths co-existing with granularity, has the Internet lost this collaborative culture? Ownership of data, of domain names and control over the flow of content in the entertainment industry (net neutrality) have become central issues in the digital economy. The concern with behemoths is not pricing power but rather the power to shape ideas by controlling content. Who curates and regulates global content with a view to fairness and balance? While social media are part of this larger picture the trajectory from cause to effect is ambiguous – there is no individual directing the show, only computer code. Virtual space is a shared resource whose free consumption necessitates governance of this commons.

Suggested Citation

  • Swati Bhatt, 2017. "The Internet and Regulation," Palgrave Advances in Economics of Innovation and Technology, in: How Digital Communication Technology Shapes Markets, chapter 8, pages 133-142, Palgrave Macmillan.
    • Handle: RePEc:pal:paiecp:978-3-319-47250-8_8
    DOI: 10.1007/978-3-319-47250-8_8
    as

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