Working Paper: CEPR ID: DP16106
Authors: Tobias Kretschmer; Sven Werner
Abstract: Current discussions about how to regulate platforms revolve around the extent to which existing frameworks can and should be applied to modern-day platform firms and business models. We outline and explain the economic and strategic features of platforms, and compare and contrast them to utility industries often considered structurally similar. We will then outline the manner in which these industries have been regulated and the rules for regulatory intervention and assess how these approaches and others currently being discussed are likely to affect competition and innovation on modern-day platforms.
Keywords: No keywords provided
JEL Codes: No JEL codes provided
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Regulatory frameworks applied to utilities (L98) | Competitive landscape of platform markets (L17) |
| Network effects (D85) | Market concentration (L11) |
| Regulatory measures (G18) | Innovation (O35) |
| Regulatory measures (G18) | Competitive dynamics (L13) |