Webinar

Delivering value in Digital Market

The "Delivering value in Digital Market " Chatham House Rule style round-table featured key presentations by Carmelo Cennamo (Professor with special responsibilities of Strategy and Entrepreneurship, Copenhagen Business School (CBS)) and Nicolas Petit (Joint Chair, Competition Law, European University Institute (EUI)) followed by a live debate with key stakeholders from competition agencies, economists, lawyers and academics, and closed by a Q&A session. The presentations, the debate and the Q&A were chaired by Frédéric Jenny (OECD - Competition Division). This third-of-its-kind Chatham House Rule style round-table was co-organised by Concurrences in partnership with Baker Botts and Meta.

The documents of this Chatham House Rule style round table will be published if and when all speakers and discussants agree to waive the Rule

SYNTHESIS

Frédéric Jenny pointed out that paragraph 178 of the Google Shopping decision did not mention the term "complementary", which means the complementarity between the services offered by a platform. The discussion will focus on the quality, innovation, added value part of the platform economy and ecosystem, and the extent to which regulation of the ecosystem, through the DMA for example, could create trade-offs between the desire to regulate and the risk of limiting innovation. Olivier Guersent pointed out that the DMA was built based on past cases.

In the context of the DMA, various issues arise. The question arises as to whether there are trade-offs between static competition and dynamic competition. Moreover, as the DMA is based on past cases, this leads to the DMA having gaps. This raises the question of whether the relationship between competition within platforms and competition between platforms is properly understood. Most of the cases the Commission must deal with, have been cases dealing with competition between the complementors and the core platforms within the ecosystems and very little have been about how ecosystems compete.

Two sub-issues stand out. The first is the trade-offs that can exist between inter-platform and intra-platform competition. The second concerns the objective of the DMA, namely whether it seeks to promote consumer welfare or fairness in the relationship between central platforms and complementors.

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