Full Description
This book proposes a wholly new view on digital competition. Digital firms compete to capture parts of the digital network industry. Once they control access points for competition, they get to decide who gets to compete and how. With their superior access to information and users, incumbents become the de facto regulators of their part of the digital network. Regulation that focuses on markets cannot capture these dimensions of power and competition. The system of Progressive Ecosystem Regulation proposed in this book explains how ecosystem competition can be stimulated to create meaningful competitive pressures, open up the network, and introduce real choice for users.
Contents
1. Introduction; Part I. The Competitors in the Digital Network Industry; 2. A typology for digital goods, platforms, and ecosystems; 3. The Digital Network Industry: a confluence of the old and new; 4. Core platform services, the new natural monopoly?; Part II The Dynamics of Competition between Digital Ecosystems; 5. Modalities of ecosystem competition; 6. The stages of ecosystem competition - from efficient to harmful; 7. Theories of harm for ecosystem competition; Part III. A Regulatory Framework to Govern Ecosystem Competition; 8. The existing regulatory paradigms: DMA, DMCC, and Sec. 19a GWB; 9. A New Regulatory Paradigm: Progressive Ecosystem Regulation; 10. Conclusions.
