Proceedings of the International Scientific and Practical Conference "Sustainable development of environment after Covid-19" (SDEC 2021)

Modern Foreign Experience of Antimonopoly Regulation of Digital Companies and Internet Platforms

Authors
Valery Istomin*
Institute of Philosophy and Law of the Ural Branch of the Russian Academy of Sciences, Ekaterinburg, Russia
Ural State University of Economics, Ekaterinburg, Russia
*Corresponding author. Email: ValeryVS@rambler.ru
Corresponding Author
Valery Istomin
Available Online 18 January 2022.
DOI
10.2991/assehr.k.220106.036How to use a DOI?
Keywords
market; antimonopoly regulation; digital Internet platform; digital company; restriction of competition
Abstract

The paper considers peculiarities of competition in modern digital markets, characterizes digital platforms as important elements of currently developing economic and social ties, and also examines the antimonopoly regulation of the activities of large digital companies in the United States and the European Union. Based on the practice of antimonopoly regulation that has developed in economically developed countries, the author concludes that digital companies are quite active in influencing markets in order to gain unjustified competitive advantages; the company’s market power increasingly determined by such new features as network effects, large databases, and intellectual property objects. This requires antimonopoly authorities to improve continuously methods of countering digital monopolies, including coordinating efforts at the international level. The author also makes some suggestions on the development of antimonopoly regulation.

Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the International Scientific and Practical Conference "Sustainable development of environment after Covid-19" (SDEC 2021)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
18 January 2022
ISBN
978-94-6239-516-9
ISSN
2352-5398
DOI
10.2991/assehr.k.220106.036How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press SARL.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Valery Istomin
PY  - 2022
DA  - 2022/01/18
TI  - Modern Foreign Experience of Antimonopoly Regulation of Digital Companies and Internet Platforms
BT  - Proceedings of the International Scientific and Practical Conference "Sustainable development of environment after Covid-19" (SDEC 2021)
PB  - Atlantis Press
SP  - 199
EP  - 203
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220106.036
DO  - 10.2991/assehr.k.220106.036
ID  - Istomin2022
ER  -