Https://www.beuc.eu/ Publications/beuc-x- 2020-007_competition _in_digital_era.pdf

beuc-x-2020-007_competition_in_digital_era.pdf
Preview of https://www.beuc.eu/ publications/beuc-x- 2020-007_competition _in_digital_era.pdf
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📊 Size: 219 KB
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Summary

Digitisation is profoundly affecting consumers' lives, and EU competition policy plays a crucial role in protecting them from dominant firms. Competition authorities traditionally focus on price effects, but can also consider restrictions of choice, loss of innovation, and degradation of product quality. In digital markets, companies often preserve their powerful position by excluding other innovative companies, using data as a powerful leverage. To address this, recommendations include tackling competition problems early, boosting competition authorities' tools and resources, and increasing focus on consumer behaviour. Regulation may be necessary to complement competition enforcement, dealing with systemic market failures, and protecting vulnerable consumer groups. Strong regulatory oversight is needed to ensure market players respect the rules, especially in the digital economy where market and society lines are blurred.

Description

Digitisation is profoundly affecting consumers' lives, and EU competition policy plays a crucial role in protecting them from dominant firms.

Technical Information

  • File Format: PDF
  • File Size: 219 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 35
  • Last Updated: 1 month ago

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