Several countries are focusing their regulatory attention on large tech platforms with the power to control the markets in which they operate, that have a structural impact on the economy, and whose products and services have become indispensable to consumers and businesses - so-called gatekeepers. They are trying to target remedies where they can be most effective and identify potential problems before they cause irreparable harm. How, exactly, do regulators define such impactful platforms? What criteria can be used? As governments and international institutions lay out the ground rules, now is the time for tech companies to get involved with the regulatory processes and help shape the rules. This blog looks at the state of play in key countries and compares their approaches in identifying gatekeepers.
An evergreen priority for the European Commission, competition policy has shifted into the active stages of policymaking. It is at the top of many agendas, and the globally interconnected tech sector is increasingly a priority in competition regulation. Here are five aspects of competition reform to watch right now.
1. Priorities of a new European Commission...
The COVID-19 pandemic will have a lasting impact on mobility, from local transportation choices to the availability of long-haul travel and freight options. As the EU works to implement its ambitious climate policies, the pandemic and the resulting economic crisis are complicating the road to a sustainable European transport sector.