How the "Digital" is Disrupting Competition Law
Does Competition Law and Policy Need to Evolve?
Pranesh Prakash
Fellow
Centre for Internet and Society
Affiliated Fellow
Information Society Project, Yale Law School
Public Interest Technology Fellow
New America
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Competition Policy Is Complicated
Simple Example
Bundling
Cable TV
(Unbundling is Good)
vs.
Net Neutrality
(Unbundling is Bad)
"Without Net Neutrality": Internet Service Unbundling is Scary
Are Current Theories Sound?
No.
(E.g., Tim Wu, Lina Khan, Open Market Institute, etc.)
Are Current Theories Sound?
Yes.
(E.g., International Center for Law & Economics)
Are Current Theories Sound?
Yes, but...
(E.g., Crémer, et al., EC, CCI)
What are some of the differences?
(Crémer et al.)
Extreme returns to scale.
What are some of the differences?
(Crémer et al.)
Network externalities
What are some of the differences?
(Crémer et al.)
Role of data
Interoperability
Open standards
Open APIs
=
Protocol interoperability
Data interoperablity
The Digital Disruption of Competition Law
By Pranesh Prakash
