Regulating big tech : policy responses to digital dominance /
"The market size and strength of the major digital platform companies has invited international concern about how such firms should best be regulated to serve the interests of wider society, with a particular emphasis on the need for new anti-trust legislation. Using a normative innovation syst...
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Group Author: | ; |
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Published: |
Oxford University Press,
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Publisher Address: | New York, NY : |
Publication Dates: | [2022] |
Literature type: | Book |
Language: | English |
Edition: | 1 edition. |
Subjects: | |
Summary: |
"The market size and strength of the major digital platform companies has invited international concern about how such firms should best be regulated to serve the interests of wider society, with a particular emphasis on the need for new anti-trust legislation. Using a normative innovation systems approach, this paper investigates how current anti-trust models may insufficiently address the value-extracting features of existing data-intensive and platform-oriented industry behaviour and business models. To do so, we employ the concept of economic rents to investigate how digital platforms create and extract value. Two forms of rent are elaborated: 'network monopoly rents' and 'algorithmic rents.' By identifying such rents more precisely, policymakers and researchers can better direct regulatory investigations, as well as broader industrial and innovation policy approaches, to shape the features of platform-driven digital markets"-- |
Carrier Form: | xii, 368 pages ; 24 cm |
Bibliography: | Includes bibliographical references and index. |
ISBN: |
9780197616093 0197616097 9780197616109 0197616100 |
Index Number: | HC79 |
CLC: | F264.2-01 |
Call Number: | F264.2-01/R344 |
Contents: |
Reshaping Platform-Driven Digital Markets / Reforming Competition and Media Law - The German Approach / Overcoming Market Power in Online Video Platforms / Enabling Community-Owned Platforms - A Proposal for a Tech New Deal / Obliging Platforms to Accept a Duty of Care / Minimizing Data-Driven Targeting and Providing a Public Search Alternative / Treating Dominant Digital Platforms as Public Trustees / Promoting Data for Well-Being While Minimizing Stigma / Responding to Disinformation: Ten Recommendations for Regulatory Action and Forbearance / Creating New Electoral Public Spheres / Transposing Public Service Media Obligations to Dominant Platforms / A Model for Global Governance of Platforms / Determining Our Technological and Democratic Future: A Wish List / Reconceptualizing Media Freedom / Conclusion: Without a Holistic Vision, Democratic Media Reforms May Fail / |