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    Big Tech and the Digital Economy: The Moligopoly Scenario

    Big Tech and the Digital Economy by Petit, Nicolas;

    The Moligopoly Scenario

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        51 875 Ft (49 405 Ft + 5% áfa)
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    A termék adatai:

    • Kiadás sorszáma 1
    • Kiadó OUP Oxford
    • Megjelenés dátuma 2020. október 8.

    • ISBN 9780198837701
    • Kötéstípus Keménykötés
    • Terjedelem320 oldal
    • Méret 243x163x24 mm
    • Súly 620 g
    • Nyelv angol
    • 324

    Kategóriák

    Rövid leírás:

    This book offers a holistic and interdisciplinary account of competition dynamics in the digital economy. It argues that mainstream competition theory and policy are demonstrably inadequate when faced with the nature and intensity of the multi-dimensional rivalry between technology firms such as Google, Microsoft, Apple, Facebook, and Amazon.

    Több

    Hosszú leírás:

    This 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.

    Petit makes innovative use of securities filings and other business documents to substantiate his hypothesis, and in the process paints a vivid and gripping picture of the different cultures and business models of the six Big Tech companies he focuses on.

    Több

    Tartalomjegyzék:

    Introduction
    Policy Conversation on Big Tech
    The "Moligopoly" Hypothesis
    Economics of Big Tech: Monopoly V Uncertainty
    A Concrete Theory of Moligopoly
    Antitrust in Moligopoly Markets
    Big Tech's Novel Harms: Antitrust or Regulation?
    Conclusion

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