Protecting Competition in a Digital World
It is no accident that the five largest companies in the world are all platform firms that have secured key positions as gatekeepers for large areas of the digital economy. To ensure that consumers benefit from free and fair market competition, antitrust authorities must stay ahead of the curve in this rapidly changing domain.
BONN – Digital technology continues to transform much of the global economy. The combination of Big Data, increases in computing power, and cloud-based systems has generated new services, and is rapidly changing existing industries. Platforms connecting different user groups have brought online search, social media, and e-commerce to consumers around the world.