Buy COMPETITION LAW IN DIGITAL ERA | Law Books , New Arrivals, A Social Legal Perspective

ABOUT THE BOOK

The digital era has profoundly reshaped market dynamics, introducing novel challenges for the effective application of competition law. Traditional antitrust frameworks, historically developed to address issues in industries dealing with physical goods and services, now confront the complexities of digital ecosystems characterized by platform-based business models, data-driven operations, and algorithmic decision-making. Central to these challenges is the concept of market power, which in digital markets often derives from network effects, control over vast troves of user data, and the ability to create self-reinforcing cycles of dominance. Dominant digital platforms, often referred to as gatekeepers, can engage in anti-competitive practices such as self-preferencing, exclusionary tactics, and leveraging data monopolies to stifle competition.Jurisdictions worldwide have responded with varying degrees of regulatory intervention. The European Union has adopted a more interventionist approach, exemplified by the Digital Markets Act (DMA), which aims to curtail the market power of gatekeepers and ensure a fair and contestable digital environment. In contrast, the United States has seen a growing debate over whether the consumer welfare standard remains adequate in addressing digital market abuses, with increasing calls for structural remedies and enhanced merger scrutiny. India, through its Competition Commission (CCI), is gradually adapting its regulatory tools to address digital competition concerns, focusing on data- driven mergers and abuse of dominance in e-commerce and platform markets.The interplay between competition law and data privacy presents additional complexities. These multifaceted challenges underscore the need for a more nuanced, globally coordinated regulatory approach that balances the imperatives of fostering innovation, ensuring consumer welfare, and maintaining competitive digital markets. This book addresses the complexities and tries to find solutions to these challenges.