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

The Platformization of Digital Markets
IW policy paper
Institut der deutschen Wirtschaft (IW)
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
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.

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
IW policy paper
Institut der deutschen Wirtschaft (IW)

Der Europäische Binnenmarkt: Ein neuer Anlauf
Der Europäische Binnenmarkt ist inzwischen schon mehr als 30 Jahre alt. Er hat den freien Verkehr von Personen, Waren, Dienstleistungen und Kapital innerhalb der Europäischen Union (EU) zum Ziel. Es gibt jedoch immer noch Hindernisse für diese vier Freiheiten. ...
IW
Breakfast debate: How to reduce electricity prices – ideas of the Affordable Energy Act
While Member states are ultimately responsible for their energy mix; their decisions have cross-border consequences. They impact the prices at the EEX and the use and need for interconnectors. We want to take a holistic look at these dynamics and focus on the ...
IW