The Game of Capital: Prosperity or Exploitation?

A discussion of Platform Economy Monopoly

DOI

10.2991/assehr.k.211020.334How to use a DOI?

Keywords

Internet Platform, Antitrust, Information Monopoly, Algorithm Cage, Capital Occupation, Blockchain

Abstract

With the rapid development of digital economy, the Internet platform economy has become a new momentum of world economic development because of its unique advantages. However, with the continuous improvement of ultra-large Internet platforms and the market concentration, there are “Two Choose One[1]” and “Data Haunting[2]” and other phenomena, which hinder orderly competition and damage the rights and interests of consumers, thus attracting wide attention from all walks of society. For the platform economy, on the one hand, we hope to use the sales network it has established to facilitate the public and provide trading opportunities for small and medium-sized merchants, but we are deeply concerned about the monopoly caused by it. Therefore, this paper starts with the operation mode of several large platform enterprises in China and the United States, analyzes the performance and causes of Internet platform monopoly, and realizes that the Monopoly is caused by three reasons:”Information Monopoly”,” Algorithm Cage” and “Capital Occupation”. To this end, this paper also thinks about the possible solutions, that is, to establish a trading system based on Blockchain technology, and make the use of Blockchain decentralization, non-tampering and other characteristics to change the current platform monopoly pattern.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zeng Xiaohan
AU  - Tu Yongqian
PY  - 2021
DA  - 2021/10/21
TI  - The Game of Capital: Prosperity or Exploitation?
BT  - Proceedings of the 2021 International Conference on Public Relations and Social Sciences (ICPRSS 2021)
PB  - Atlantis Press
SP  - 1228
EP  - 1234
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211020.334
DO  - 10.2991/assehr.k.211020.334
ID  - Xiaohan2021
ER  -