Online platforms play an increasingly important role in the European business landscape. Guided by questions from the European Commission’s consultation on this topic, the paper aims to provide insight into the characteristics of online platforms and the resulting regulatory challenges. Issues such as the transparency of platforms or the organization of the Sharing Economy are currently under debate. Generally speaking, one main concern is that online platforms do not account for their users’ interests sufficiently, resulting in hardly desirable market outcomes. The paper provides economic reasoning as to why this concern is not always justified and suggests possible policy measures in cases where regulatory action is necessary. The most important aspect being currently discussed in this context is the access to and the use of data. Data are at the center of most online platforms’ business models. While regulation to ensure data protection is naturally important, this aspect is the main reason to refrain from overbearing regulation and to emphasize a rule-of-reason approach. European policy-makers need to find the balance between consumer protection and fostering new innovative business models.

IW policy paper

Vera Demary: The Platformization of Digital Markets – Comments on the Public Consultation of the European Commission on the Regulatory Environment for Platforms, Online Intermediaries, Data and Cloud Computing and the Collaborative Economy

IconDownload | PDF

Ansprechpartner

Free Trade between Europe and Japan – hope for global prosperity
Gastbeitrag, 20. Juni 2017

Hubertus Bardt on KKC International Platform Free Trade between Europe and Japan – hope for global prosperityArrow

In an environment with growing protectionism and the danger of economic disintegration and shocks for the global trade policy system, a free trade agreement between Japan and Europe could set a positive example. Progress in the negotiations are necessary to foster growth and prosperity and to send a message to other countries, that modern market economies rely on good trade relations. mehr

20. Juni 2017

Interview mit Tobias Paulun „Mit einem liquiden Markt sollte man nicht spielen“Arrow

Damit die EU eines Tages eine Energieunion mit grenzüberschreitendem Handel und einer gemeinsamen Energiepolitik wird, hat die EU-Kommission in ihrem neuen „Strommarktdesign“ unter anderem vorgeschlagen, die Preiszonen im Strommarkt neu zu definieren. Was die European Energy Exchange (EEX) davon hält, erläutert Tobias Paulun, Mitglied des EEX-Vorstands, im iwd. Zunächst aber erklärt er, was die Energiebörse in Leipzig überhaupt macht. mehr auf iwd.de

Brexit
IW-Nachricht, 19. Juni 2017

Jürgen Matthes Brexit: Missverständnisse vermeidenArrow

Fast ein Jahr nach dem Referendum beginnen heute die Brexit-Verhandlungen zwischen Großbritannien und der EU. Die Lage scheint vertrackt, doch in der öffentlichen Debatte wird die bisherige Position der britischen Regierung häufig missverstanden – und damit auch die Chancen für konstruktive Verhandlungen übersehen. mehr