TY - JOUR
T1 - The effective use of economics in the EU Digital Markets Act
AU - Fletcher, Amelia
AU - Crémer, Jacques
AU - Heidhues, Paul
AU - Kimmelman, Gene
AU - Monti, Giorgio
AU - Podszun, Rupprecht
AU - Schnitzer, Monika
AU - Scott Morton, Fiona
AU - de Streel, Alexandre
N1 - Funding Information: Paul Heidhues thanks the German Science Foundation (DFG) for funding under project number 462020252. Jacques Cr\u00E9mer acknowledges support from ANR under grant ANR-17-EURE-0010 (Investissements d\u2019Avenir program).
PY - 2024/6
Y1 - 2024/6
N2 - Economic thinking and analysis lie at the heart of the objectives and the design of the EU Digital Markets Act (DMA). However, the design of the DMA reflects a very deliberate—and reasonable—intention to ensure clarity, speed, administrability, and enforceability. In doing so, this pro-competitive regulation omits several elements of standard competition law where economics has typically played a key role. Nonetheless, we believe that economic insights and analysis—including behavioural economic thinking—will continue to play an important role in enabling the DMA to achieve its ambitious and laudable goals, albeit in a somewhat different way.
AB - Economic thinking and analysis lie at the heart of the objectives and the design of the EU Digital Markets Act (DMA). However, the design of the DMA reflects a very deliberate—and reasonable—intention to ensure clarity, speed, administrability, and enforceability. In doing so, this pro-competitive regulation omits several elements of standard competition law where economics has typically played a key role. Nonetheless, we believe that economic insights and analysis—including behavioural economic thinking—will continue to play an important role in enabling the DMA to achieve its ambitious and laudable goals, albeit in a somewhat different way.
KW - Computer Software
KW - Horizontal Anticompetitive Practices
KW - JEL: K21 Antitrust Law
KW - K23 Regulated Industries and Administrative Law
KW - L41 Monopolization
KW - L51 Economics of Regulation
KW - L86 Information and Internet Services
UR - http://www.scopus.com/inward/record.url?scp=85196201057&partnerID=8YFLogxK
U2 - 10.1093/joclec/nhad018
DO - 10.1093/joclec/nhad018
M3 - Article
VL - 20
SP - 1
EP - 19
JO - Journal of Competition Law and Economics
JF - Journal of Competition Law and Economics
SN - 1744-6414
IS - 1-2
ER -