Competition and technical change : looking back to understand what lies ahead
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Pier Luigi PARCU, Maria Alessandra ROSSI and Marco BOTTA (eds), Research handbook on competition and technology, Cheltenham ; Northampton : Edward Elgar Publishing, 2025, Research handbooks in competition law, pp. 1-20
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PARCU, Pier Luigi, ROSSI, Maria Alessandra, BOTTA, Marco, Competition and technical change : looking back to understand what lies ahead, in Pier Luigi PARCU, Maria Alessandra ROSSI and Marco BOTTA (eds), Research handbook on competition and technology, Cheltenham ; Northampton : Edward Elgar Publishing, 2025, Research handbooks in competition law, pp. 1-20 - https://hdl.handle.net/1814/92742
Abstract
Digital technologies have changed many aspects of society, particularly competitive market dynamics. This has placed new demands on competition policy, triggering changes in its interpretation and enforcement as well as restructuring the interaction of competition policy with other policy domains and values. The chapter takes stock of these developments while introducing contributions to the Research Handbook on Competition and Technology. We find that competition policy has adapted by bringing in greater flexibility and a broader range of salient parameters of competition (most importantly, innovation), but without major overhauls. The most significant changes have occurred at the outer boundaries of competition policy. The stock-taking exercise is also functional in distilling insights useful for tackling the further dramatic adaptations to the competition policy toolkit that the spread of Artificial Intelligence (AI) throughout the economy will make necessary.
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Published: 20 May 2025