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Antitrust and Upstream Platform Power Plays: A Policy in Bed with Procrustes

Antitrust and Upstream Platform Power Plays: A Policy in Bed with Procrustes

  • Author:
  • Publisher: Oxford University Press
  • ISBN: 9780192873057
  • Published In: December 2023
  • Format: Hardback
  • Jurisdiction: U.K. ? Disclaimer:
    Countri(es) stated herein are used as reference only

List Price: HKD 1,235.00

HKD 1,197.95 Save HKD 37.05 (3%)

Delivery Time: around 4-5 weeks
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  • Description 
  • Contents 

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Large digital platforms have been in the doghouse of antitrust decision-makers worldwide in recent years. Antitrust regulators agree, urgent intervention is needed. Interestingly, it is the plight of victimized suppliers—of merchants, app developers, publishers, platform labourers, and the like, who are upstream in the value chain—that has topped the policy agenda, prompting scrutiny of an almost unprecedented intensity. Amid such anxieties, Antitrust and Upstream Platform Power Plays asks a somewhat provocative question: Are upstream platform power plays really 'competition problems', and ones for antitrust, at that?

The apparently obvious answer—'yes'—is deceptively simple for a number of reasons. Firstly, it contradicts contemporary antitrust's single-minded focus on consumers, which has all but erased supplier exploitation in the brick-and-mortar economy from the policy's radar. Secondly, the wider antitrust community remains bitterly divided when it comes to judging platform practices. In addition, if any consensus could be had, it would almost certainly confirm the longstanding tenet that antitrust cannot be about supplier welfare, as such. These paradoxes call for a policy introspection-precisely what this book provides.

The analysis offered in Antitrust and Upstream Platform Power Plays is altogether normative, theoretical, and practical. Normative because it engages in a supplier-mindful soul-searching exercise, which advances our understanding of antitrust's foundations; theoretical as it sheds multidisciplinary insights on upstream effects in the platform economy and develops new frameworks for rationalizing them; and practical since it takes a deep dive into the complex antitrust machinery whilst staying attuned to other available levers of public action.

Answering a compelling question with an equally compelling answer, this work will appeal to scholars and policymakers worldwide with a particular interest in platform regulation, antitrust, and powerful digital platforms.

Introduction: Setting the scene

Part 1: Soul-searching
1:'Consumer warfare': antitrust's consequentialist turn
2:'Competition, as such': antitrust's deontological side

Part 2: Looking up
3:Despotism
4:Game-mastering
5:Free-riding

Part 3: Intervention
6:Antitrust's internal quandries
7:Antitrust's interplays
Conclusion
End matter

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