Online lecture "Why governments need new laws on large digital platforms and which are expected effects"
Laboratory of Competition and Antimonopoly Policy invites academics, researchers and PhD students (including PhD program applicants) to attend the lecture "Why governments need new laws on large digital platforms and which are expected effects" to be held by Eduardo Pontual Ribeiro, professor of Federal University of Rio de Janeiro, Brazil (MOVED ONLINE).
Multi-sided platforms (MSP) are among the fastest growing and ever more important part of the daily life, providing services and communication The businesses of Google, eBay, Uber, Booking.com, Amazon and credit cards are just a few examples. These multi-sided (often two-sided) platforms provide an opportunity for users of both sides to interact and solve informational problems that hinder transactions. Due to the network and scale effects, MSP rise in size and power and generate many concerns for national regulators. The concerns arise from both competition policy and general economic power regulation, as some of the platforms become entrenched and seemingly indispensable for businesses and users.
Different countries, after facing a string of competition policy cases are discussing a closer to a regulatory approach to these platforms, with different levels of obligations to serve competitors and vertically related entities. Some are drawing parallel with infrastructure regulation. There are such regulatory changes in course or under discussion in different jurisdictions, such as BRICS countries as well as other economies, such as the European Union and the US. The lecture will review the arguments for such regulation, parallels and similarities of the regulatory frameworks proposed or enacted. Different countries may have different goals in their legislative initiatives and may face different hurdles for implementation of such regulation based on or competitive landscapes in their countries.
This lecture has been moved online. Please contact GYusupova@hse.ru (Gyuzel Yusupova) to receive the link and password for joining the lecture.
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Prof. Eduardo Pontual Ribeiro (Federal University of Rio de Janeiro, Brazil).
Eduardo Pontual Ribeiro is a Professor of Economics at the Federal University of Rio de Janeiro and co-Coordinator of the Research Group on Competition, Law and Economics (GDEC-IE). He served as Deputy Chief Economist and Commissioner at the CADE Tribunal (Administrative Council for Economic Defense), The Brazilian Competition Authority from 2009 to 2014. The areas of expertise are Competition Policy, Applied Microeconometrics, and Labor Markets. Author of more than 50 papers in refereed journals, more than 30 book chapters.