Modern Foreign Experience of Antimonopoly Regulation of Digital Companies and Internet Platforms
- 10.2991/assehr.k.220106.036How to use a DOI?
- market; antimonopoly regulation; digital Internet platform; digital company; restriction of competition
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.
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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 -