TY - JOUR
T1 - The effective use of economics in the EU Digital Markets Act
AU - Fletcher, Amelia
AU - Cremer, Jacques
AU - Heidhues, Paul
AU - Kimmelman, Gene
AU - Monti, Giorgio
AU - Podszun, Rupprecht
AU - Schnitzer, Monika
AU - Morton, Fiona Scott
AU - de Streel, Alexandre
PY - 2024/3
Y1 - 2024/3
N2 - Economic thinking and analysis lie at the heart of the objectives and the design of the EU Digital Markets Act (DMA). However, the design of the DMA reflects a very deliberate-and reasonable-intention to ensure clarity, speed, administrability, and enforceability. In doing so, this pro-competitive regulation omits several elements of standard competition law where economics has typically played a key role. Nonetheless, we believe that economic insights and analysis-including behavioural economic thinking-will continue to play an important role in enabling the DMA to achieve its ambitious and laudable goals, albeit in a somewhat different way.
AB - Economic thinking and analysis lie at the heart of the objectives and the design of the EU Digital Markets Act (DMA). However, the design of the DMA reflects a very deliberate-and reasonable-intention to ensure clarity, speed, administrability, and enforceability. In doing so, this pro-competitive regulation omits several elements of standard competition law where economics has typically played a key role. Nonetheless, we believe that economic insights and analysis-including behavioural economic thinking-will continue to play an important role in enabling the DMA to achieve its ambitious and laudable goals, albeit in a somewhat different way.
KW - Computer Software
KW - Horizontal Anticompetitive Practices
KW - K21 Antitrust Law
KW - K23 Regulated Industries and Administrative Law
KW - L41 Monopolization
KW - L51 Economics of Regulation
KW - L86 Information and Internet Services
UR - https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=wosstart_imp_pure20230417&SrcAuth=WosAPI&KeyUT=WOS:001140722400001&DestLinkType=FullRecord&DestApp=WOS_CPL
U2 - 10.1093/joclec/nhad018
DO - 10.1093/joclec/nhad018
M3 - Article
SN - 1744-6414
VL - 20
SP - 1
EP - 19
JO - Journal of Competition Law and Economics
JF - Journal of Competition Law and Economics
IS - 1-2
ER -