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Regulatory Choices for Digital Markets: Rules, Standards and More…

By  |  December 11, 2024

By: Esin Aygun (Center for Competition Policy)

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    Over the past five years, there has been intense debate about whether existing competition rules are adequate for addressing challenges posed by digital platforms and what form of regulation might be necessary if new rules are required. Leading competition authorities around the world have begun adopting or implementing ex-ante regulations aimed at fostering effective competition. However, significant differences exist between these regulatory approaches.

    Unlike traditional competition law, which typically applies similar rules across various markets, the regulation of digital markets often involves tailored rules that differ even for markets with similar structures. Some regulatory frameworks impose rigid rules, while others opt for more flexible, standard-based approaches. This blog explores the choice between rules and standards in the regulation of digital markets…

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