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dc.contributor.authorPETIT, Nicolas
dc.date.accessioned2020-10-12T20:21:13Z
dc.date.available2020-10-12T20:21:13Z
dc.date.issued2020
dc.identifier.citationOxford : Oxford University Press, 2020en
dc.identifier.isbn9780198837701
dc.identifier.urihttps://hdl.handle.net/1814/68567
dc.description.abstractThis book asks a simple question: are the tech giants monopolies? In the current environment of suspicion towards the major technology companies as a result of concerns about their power and influence, it has become commonplace to talk of Google, Facebook, Amazon, Apple, Microsoft, or Netflix as the modern day version of the 19th century trusts. In turn, the tech giants are vilified for a whole range of monopoly harms towards consumers, workers and even the democratic process. In the US and the EU, antitrust, and regulatory reform is on the way. Using economics, business and management science as well legal reasoning, this book offers a new perspective on big tech. It builds a theory of "moligopoly". The theory advances that the tech giants, or at least some of them, coexist both as monopolies and oligopoly firms that compete against each other in an environment of substantial uncertainty and economic dynamism. With this, the book assesses ongoing antitrust and regulatory policy efforts. It demonstrates that it is counterproductive to pursue policies that introduce more rivalry in moligopoly markets subject to technological discontinuities. And that non-economic harms like privacy violations, fake news, or hate speech are difficult issues that belong to the realm of regulation, not antimonopoly remediation.en
dc.description.tableofcontents-- Introduction 1 Policy Conversation on Big Tech 2 The "Moligopoly" Hypothesis 3 Economics of Big Tech: Monopoly V Uncertainty 4 A Concrete Theory of Moligopoly 5 Antitrust in Moligopoly Markets 6 Big Tech's Novel Harms: Antitrust or Regulation? -- Conclusionen
dc.language.isoenen
dc.publisherOxford University Pressen
dc.subjectBig techen
dc.subjectTech giantsen
dc.subjectInnovationen
dc.subjectCompetitionen
dc.subjectMonopolyen
dc.titleBig tech and the digital economy : the moligopoly scenarioen
dc.typeBooken
dc.identifier.doi10.1093/oso/9780198837701.001.0001


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