Media Coverage

Strategies for Addressing Big Tech Dominance: Regulation, Reform, or Revolution?

In a recent article, my co-authors and I observe that Big Tech platforms capture substantial economic value, raising concerns for stakeholders and society. Their disproportionate power results from network externalities, user lock-in, and regulating market access. It extends beyond market share to encompass market power, control over digital architecture and data, ecosystem reach, and political influence. These platforms engage in anti-competitive behavior such as self-preferencing, exclusion, data privacy violations, and behavioral manipulation. To address these harmful consequences, we examine three strategic approaches: regulation, reform, and revolution.

In a recent article, my co-authors and I observe that Big Tech platforms capture substantial economic value, raising concerns for stakeholders and society. Their disproportionate power results from network externalities, user lock-in, and regulating market access. It extends beyond market share to encompass market power, control over digital architecture and data, ecosystem reach, and political influence. These platforms engage in anti-competitive behavior such as self-preferencing, exclusion, data privacy violations, and behavioral manipulation. To address these harmful consequences, we examine three strategic approaches: regulation, reform, and revolution.