Market Power of Digital Platforms

Jens-Uwe Franck and Martin Peitz

CRC TR 224 Discussion Paper Series from University of Bonn and University of Mannheim, Germany

Abstract: Digital platforms have reshaped many product markets and play an increasingly important role in economies around the globe. Some of these platforms have become powerful players and may possess a lot of market power. Economists use a number of indicators to assess market power. In this article we discuss to which extent these indicators are helpful in the context of digital platforms. In particular, we focus on assessing entrenched market power and the role of potential competition to constrain this power. Finally, we discuss some cross-border issues of platform market power.

Keywords: market power; digital platforms; Big Tech; potential competition; Brussels effect (search for similar items in EconPapers)
JEL-codes: K21 L13 L40 (search for similar items in EconPapers)
Pages: 19
Date: 2022-08
New Economics Papers: this item is included in nep-com, nep-hme, nep-law, nep-pay and nep-reg
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Journal Article: Market power of digital platforms (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:bon:boncrc:crctr224_2022_365

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