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Unlocking Digital Competition

Unlocking Digital Competition

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SUMMARY

This report explains that competition in digital markets should be backed and sustained by what’s described as a new approach that could consist of creating a new government unit in charge of securing competition and positive outcomes for consumers and companies.

This unit should create along with stakeholders what’s described as a code of conduct which digital platforms with a certain strategic market status would have to follow.

The report emphasizes a series of tools that the digital markets unit should use so that users have better effective selection over their digital services. The paper also recommends this government unit to use data openness as an instrument to boost competition provided it is necessary to reach its goal. It’d be a requirement that this government unit has the appropriate skills, capabilities, and resources to fulfill its goal effectively.

The research’s Chapter 3 takes a look at a series of recommendations to make better use of current powers and mentions the necessary news ones. In the case of merger assessment, the paper notes that it needs to be re-examined. The CMA, the document adds, should challenge more frequently and firmly mergers that go against consumer welfare. Perhaps legislation might need to be updated for the purpose.

At the same time, the CMA’s Merger Assessment Guidelines should be updated to reflect modern digital markets and improve effectiveness. The paper also recommends that the CMA can assess retrospectively selected cases that received complaints and with suspected infringements to examine the evaluation of markets and the impact of consumers.

The document also recommends the UK government and the CMA to track the evolution of the use of machine learning and AI algorithms to make sure it doesn’t go against competition practices or affect consumer rights.

OUTLINE

Introduction and Summary

Digital markets

Creating consumer choice and competition into digital services

Competition system

International agenda

Conclusion

Annexes

DETAILS

Overview

Researchfinder Rating
4 out of 5 stars
Title
Unlocking Digital Competition
Region
Global
Published
March 15, 2019
Publisher
Digital Competition Expert Panel
Price
FREE
Language
ENGLISH

Content

Number of Pages
145
Number of Tables
4
Number of Exhibits
9
Topics
software
Tags
case studies, competition, data protection, digital advertising, Digital Competition Expert Panel, global, open data, privacy, social media, software, uk
Companies mentioned
Google, Pfizer, Facebook, Ford, Novartis, Toyota, Merck, Johnson and Johnson, Roche, Apple, Microsoft Intel Co, Samsung, Volkswagen, Alphabet, Uber, Zipcar, Airbnb, Deliveroo, YouTube
Methodology
The report includes a list below of companies, organizations and academics that have contributed in some way to the report and submitted a response to its call for evidence, took part in roundtable discussions or meetings. The report’s Panel has benefited from discussions with and written evidence from members of the legal and consultancy professions, and others with relevant expertise.
EVALUATION

This is a lengthy and in-depth report that stands out for its neat design and quality content.

Positives:

  • Great summary of benefits brought by the digital economy
  • Good graphs
  • Case studies
  • Clear conclusions
  • Terms of reference
  • Great summary of recommendations

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