Tag: digital platforms

Vertically Integrated Platforms

In September 2021, Compass Lexecon co-hosted a virtual workshop with the Mannheim Centre for Competition and Innovation (MaCCI) on recent research related to vertically integrated platforms from leading economists. In these non-technical presentations, leading economists Andrei Hagiu (Boston University), Prof. Feng Zhu (Harvard Business School), Prof. Salvatore Piccolo (University of Bergamo & Compass Lexecon) and … Continued

Q&A: Competition and antitrust issues in digital markets

Expert economists Salvatore Piccolo, Patricia Lorenzo, Guillaume Duquesne, Kadambari Prasad, and Paul Reynolds discuss competition and antitrust issues in digital markets with Financier Worldwide. Could you provide an overview of how the digital marketplace has developed in recent years? Piccolo: Recent years have witnessed the emergence of an increasing number of online marketplaces with new … Continued

Geopolitics of Platform Regulation

Elizabeth Wang joined speakers from the U.S. Federal Trade Commission, the Japan Fair Trade Commission, the UK Competition and Markets Authority, Facebook and King’s College London on a panel during the 2021 Innovation Economics conference to discuss the differences and similarities in antitrust enforcement towards online platforms across the U.S., Europe and Asia.

What’s Holding Back the EU and UK From Creating Platforms?

Kirsten Edwards-Warren joined speakers from the European Commission, Google, Siemens, and Shearman & Sterling on a panel during the 2021 Innovation Economics conference to discuss why the EU and UK struggle to generate large numbers of successful global services platforms.

Competitive Effects of Single-Homing: The Case of Hybrid Marketplaces

By Neil Dryden, Jorge Padilla, and Helder Vasconcelos Introduction The growing digitalization of the economy has led to the emergence of new business models, based on multi-sided platforms, which have inspired a relatively recent but rapidly expanding strand of the economics literature on the economics of two-sided markets. (2) This literature has given rise to … Continued

Competition between ad-funded digital platforms: Could merging platforms harm consumers, even if they offer free services?

Competition between digital platforms funded by advertisements (“ad-funded platforms”) is a hotly debated topic in both academic and policy-making circles. In particular, how does a lack of competition affect consumers of free services? Competition Authorities commonly analyze changes in consumer prices to assess whether a merger might harm consumers. But those analytic tools break down … Continued

Platform Envelopment Through Privacy Policy Tying

In a recent paper, Jorge Padilla and Daniele Condorelli present a theory of predatory entry by means of privacy-policy tying, which they define as conditioning the provision of services to the subscription of a privacy-policy that allows bundling of user data across unrelated services.