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Market power, regulatory convergence, and the role of data in digital markets

Jan Krämer and Michael Wohlfarth

Telecommunications Policy, 2018, vol. 42, issue 2, 154-171

Abstract: The increased economic importance of digital services has profoundly changed the power structure in telecommunications and media markets. Although these services sometimes directly compete with traditional telecommunications services, the regulatory obligations for both players differ significantly. This article discusses three important areas deemed relevant in order to define a coherent regulatory framework and to account for the specific peculiarities of digital markets: First, challenges associated with assessing market power in digital markets. Second, challenges in harmonizing different regulatory obligations for digital services, and third, the vital role of data and data protection in the context of data-driven business models.

Keywords: Market power; Market definition; Level-playing field; Data-driven business models; Big data analysis; Data protection; GDPR; Over-the-top services; Regulatory framework; Policy (search for similar items in EconPapers)
Date: 2018
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Handle: RePEc:eee:telpol:v:42:y:2018:i:2:p:154-171