Is there a need for a visible hand in digital markets?

buir.contributor.authorGürkaynak, Gönenç
buir.contributor.orcidGürkaynak, Gönenç |0000-0001-8483-7809
dc.citation.epage317en_US
dc.citation.issueNumber4en_US
dc.citation.spage306en_US
dc.citation.volumeNumber6en_US
dc.contributor.authorGürkaynak, Gönenç
dc.contributor.authorUçar, Ali Kağan
dc.contributor.authorGörkem Yıldız, Uzay
dc.date.accessioned2023-03-01T10:56:09Z
dc.date.available2023-03-01T10:56:09Z
dc.date.issued2022
dc.departmentDepartment of Lawen_US
dc.description.abstractThis article explores whether there is a need for ex ante regulations in digital markets. It explains implications of ex ante regulations in digital markets and focuses on the competition jurisprudence which has generated new terminologies such as ‘tipping’, ‘gatekeepers’ and ‘self-preferencing’ over the last decade, indicating that competition law easily adapts to emerging problems and sweeping ex ante regulation efforts in the digital markets might be uncalled for. In this regard, the article summarizes the on-going debate on whether competition law, as is, can sufficiently address and deliver solutions for competitive concerns in digital markets. Within this scope, the paper examines the alleged competitive concerns in digital markets and argues that it is crucial to first conduct counterfactual analysis with concrete facts, parameters and data, to identify the risks associated with over regulations. The article further contends that the competition law toolkit in place is a sufficient and more appropriate way to deal with anti-competitive conducts and the ongoing ex ante regulation efforts in digital markets are condemned to result in a decline in competition and innovation in the long run.en_US
dc.identifier.doi10.21552/core/2022/4/5en_US
dc.identifier.eissn2510-3156
dc.identifier.issn2510-3148
dc.identifier.urihttp://hdl.handle.net/11693/111993
dc.language.isoEnglishen_US
dc.publisherLexxion Verlagsgesellschaft mbHen_US
dc.relation.isversionofhttps://doi.org/10.21552/core/2022/4/5en_US
dc.source.titleEuropean Competition and Regulatory Law Reviewen_US
dc.subjectEx ante regulationsen_US
dc.subjectDigital marketsen_US
dc.subjectGatekeepersen_US
dc.subjectAssumption of market poweren_US
dc.titleIs there a need for a visible hand in digital markets?en_US
dc.typeArticleen_US
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