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

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