31st European Regional Conference 2022
Reining in Digital Platforms? Challenging monopolies, promoting competition and developing regulatory regimes
There are many benefits associated with ICT. The pandemic has vividly demonstrated the benefits of ICT, which enabled many activities to go online. Without widespread ICT availability and adoption, it would not have been possible for large parts of economies to work from home or for students to be educated online . And online shopping, which among other things has allowed groceries to be ordered remotely, has grown in popularity in many countries. Quite simply, without ICT the pandemic would have been very different experience.
But there are also problems. Many ICT markets are highly concentrated, with one large company dominating the market. These ‘winner takes all’ (or most) markets are driven by network effects and scale economies, where large numbers of users generate competitive advantages that are difficult for rivals to overturn. It is perhaps no surprise that four out of the five most valuable companies globally are technology based, with Apple and Microsoft currently being capitalised at over $2 trillionaire apiece. The growth of Amazon, which has catapulted its founder, Jeff Bezos, to become the world’s richest man, overtaking another tech company founder in the process.
The International Telecommunications Society (ITS)
The International Telecommunications Society (ITS) is an association of professionals in the information, communications and technology sectors. ITS is an independent, non-aligned and not-for-profit organisation with a worldwide network of about 400 members. ITS provides a forum where academic, private sector, and government communities can meet to identify pressing new problems and issues, share research results, and form new relationships and approaches to address outstanding issues.
Professor Erik Bohlin
Chalmers University of Technology, Gothenburg, Sweden
erik.bohlin (at) chalmers.se
Prof. Jason WHALLEY
Northumbria University, Newcastle, UK
jason.whalley (at) northumbria.ac.uk
Dr. Volker STOCKER
TU Berlin and Weizenbaum Institute for the Networked Society, Berlin, Germany
vstocker (at) inet.tu-berlin.de