Modern Foreign Experience of Antimonopoly Regulation of Digital Companies and Internet Platforms

DOI

10.2991/assehr.k.220106.036How to use a DOI?

Keywords

market; antimonopoly regulation; digital Internet platform; digital company; restriction of competition

Abstract

The paper considers peculiarities of competition in modern digital markets, characterizes digital platforms as important elements of currently developing economic and social ties, and also examines the antimonopoly regulation of the activities of large digital companies in the United States and the European Union. Based on the practice of antimonopoly regulation that has developed in economically developed countries, the author concludes that digital companies are quite active in influencing markets in order to gain unjustified competitive advantages; the company’s market power increasingly determined by such new features as network effects, large databases, and intellectual property objects. This requires antimonopoly authorities to improve continuously methods of countering digital monopolies, including coordinating efforts at the international level. The author also makes some suggestions on the development of antimonopoly regulation.

Copyright

© 2022 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Valery Istomin
PY  - 2022
DA  - 2022/01/18
TI  - Modern Foreign Experience of Antimonopoly Regulation of Digital Companies and Internet Platforms
BT  - Proceedings of the International Scientific and Practical Conference "Sustainable development of environment after Covid-19" (SDEC 2021)
PB  - Atlantis Press
SP  - 199
EP  - 203
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.220106.036
DO  - 10.2991/assehr.k.220106.036
ID  - Istomin2022
ER  -