In recent years, we have witnessed a remarkable growth in the platform economy. The world’s five most valuable publicly traded companies are all American tech behemoths, collectively known as GAFAM: Google, Amazon, Facebook (now Meta), Apple, and Microsoft. Closely behind are Chinese tech giants like Alibaba, Tencent, Baidu, and Xiaomi, alongside numerous US-based internet giants such as Netflix, eBay, Uber, and Airbnb. These platforms operate as multi-sided markets, connecting advertisers and business users with final consumers. Each platform meticulously constructs its own ecosystem, where it defines the ‘rules’ adhered to by users and enjoys privileged access to the data generated within its confines.
Network externalities limit multi-homing, and control over data grants substantial market power to these digital platforms. The behavior of GAFAM in the market has come under intense scrutiny and has led to sanctions in high-profile cases by several competition authorities across the world. However, these antitrust investigations have frequently been criticized as too sluggish in comparison to the rapid evolution of digital markets. Moreover, the fines imposed by competition authorities are often deemed inadequate in challenging these firms’ dominant market position. In response to concerns regarding the effectiveness of antitrust interventions vis-a-vis digital platforms, recent years have seen the emergence of a novel form of proactive regulation specifically designed for these digital platforms. Examples of such regulatory initiatives include the EU Digital Markets Act, the German Sec. 19(a) GWB, as well as the recent proposals of the American Innovation and Choice Online Act (AICOA), and the UK Digital Markets, Competition and Consumers Bill. These legislative efforts underscore the growing importance of platform regulation on a global scale.
The course delves into the fundamental economic features of the platform economy, encompassing platform business models and market dynamics. Furthermore, the course offers an insightful analysis of the interaction of competition policy with ex-ante regulation in relation to different digital platforms and draws comparisons between regulatory outcomes in different regions around the world. With a multi-disciplinary approach, this course allows participants to examine this subject matter from both legal and economic perspectives.
Any question about the course? Contact the Course Facilitator
I found this course very informative, relevant and well-conducted. The faculty was superb, and interacting with fellow digital platform regulation enthusiasts from across the globe was the icing on the cake!
Dr Archana G. Gulati
Digital Policy Expert
Information are updated on a rolling basis
|Wednesday, 5th June 2024
|1.00 – 1.30 PM CET
|2.00 – 3.30 PM CET
|Online Roundtable: Emergence of sector regulation of digital platforms around the world
Moderator: Antonio Capobianco, OECD
The course provides participants with the knowledge, skills, and strategic perspective needed to navigate the complex regulatory landscape surrounding digital platforms. By completing the course, participants will:
- Apply the theory of ecosystems and multi-sided market and compare the business models followed by different digital platforms.
- Analyse the main competition concerns that may arise in the digital markets.
- Appraise the overlap between privacy, consumer protection and competition law.
- Get up to date with the latest enforcement cases as well as regulatory and legislative developments and employ this enhanced expertise in your workplace.
- Debate in policy discussions on the regulation of digital platforms with professionals from all over the world.
The online course is delivered on an online platform where participants can meet and interact with instructors.
The training adopts a multidisciplinary approach, allowing participants to gain a combination of theoretical and practical skills whilst promoting creative thinking.
Each module consists of dedicated reading materials, self-evaluation assessments, discussions, complementary video lectures, and interactive live classes. Recordings will be available shortly after each live class.
The course is designed for professionals interested in gaining in-depth knowledge over a short period of time. Prospective participants include:
- Officials from National Competition Authorities (NCAs), National Regulatory Authorities (NRAs) and other public institutions
- In-house lawyers and legal counsels
- Economic consultants
- Policy and decision-makers
Continuing Professional Development
This course’s final certificate is valid to obtain up to 16 training credits for lawyers in Belgium and France. In Italy, it awards up to 12 training credits (2 credits for each module).
It is also eligible to provide training credits for lawyers from Germany, Austria and Ireland.
If you need assistance in liaising with your bar association for accreditation, please contact email@example.com and we will gladly assist with the process.
At the end of the course, participants can earn two types of certificates depending on their level of engagement and performance throughout the course.
- Certificate of attendance: participants are expected to complete at least 80% of the weekly quizzes. To qualify for this certificate, a commitment of 4-6 hours of learning per week is required.
- Certificate of distinction: participants must complete every weekly quiz and actively engage in the weekly forum discussion by posting a message with a minimum length of 300 words, contributing meaningfully. To earn this certificate, a commitment of 6-8 hours of learning per week is expected, including attendance at 4 out of 6 classes.
- Certificate of excellence: to qualify for this certificate, participants must meet the requirements for the Certificate of Distinction, attend all virtual classes, and submit the group assignment by the end of the course. A commitment of 8-12 hours of learning per week, including attending all virtual classes, is necessary.
General course fees: 1500 €
National Regulatory Authorities, National Competition Authorities, and donors of the Centre for a Digital Society: 1200 €
Post-graduate students: 1000 €
If you are an EUI student or EUI researcher, please contact firstname.lastname@example.org
Please note that the course fees will not be reimbursed in case of cancellation after the course start.