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Practical Competition Policy Implications of Digital Platforms: Taking Schumpeter Seriously

Professor Diane Coyle (2018)

The traditional tools of competition policy are difficult to interpret in the context of multi-sided digital platforms. The size and apparent market power of some platforms means competition authorities are facing calls for tougher action. However, both regulatory intervention and anti-trust enforcement will remain controversial until economic analysis provides some tools for a systematic assessment of competition in these markets. A particular analytical and empirical challenge is incorporating the dynamic as well as static effects of platforms' dominance, given the evidently large consumer benefits they provide, and the fact that the growth of digital platforms rests on innovation and competition for the market.

Digital fakery and its consequences 2018

Dr Ella McPherson (2018)

Digital fakery encompasses everything from fake news to fake apps, organisations and videos. Drawing on her research about human rights reporting in the digital age, Ella McPherson, Co-Director of the Centre of Governance and Human Rights at the University of Cambridge argues that the consequences of digital fakery for democracy arise not because we are duped, but because of what we do to not be duped.

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