Digital platforms may absorb competitors through envelopment acquisitions, to build ecosystems. Daniele Condorelli discusses how some recent envelopment attacks may result from the desire to acquire valuable sources of data rather than products to maintain a position of market power.
Category: Digitalisation
Jean-Michel Godeffroy on Central Bank Digital Currencies
In this interview by Matthieu Saint-Olive from ConsenSys, Jean-Michel Godeffroy, Director General for 16 years at the European Central Bank, shares his vision for central bank digital currencies
Digital Ecosystems – a New Economic Paradigm?
Competition in the digital economy is increasingly a competition between ecosystems. Hardware and software are integrated, Internet of Things devices connect to online services and a few large tech companies offer a very broad range of services often highly integrated with one another. OECD’s Harry Hong sets the scene for the discussions at the 2021 OECD Competition Open Day.
‘How tech rolls’: Potential competition and ‘reverse’ killer acquisitions
Cristina Caffarra argues that concerns about the impact on potential future competition of mergers between acquisitive platforms and small players are broader than ‘killer acquisitions’; they include ‘reverse killer acquisitions’ as well, in advance of the 2021 OECD Competition Open Day.
The road towards central bank digital currencies
As central banks move towards integrating central bank digital currencies (CBDCs) in national financial systems, Bitt.com’s Simon Chantry focuses on the network effects that may encourage their adoption and use in part two of his two-part series.
Digital credentials and privacy in the time of COVID-19
The COVID-19 pandemic has amplified the debate around how much personal data we want or need to share to contribute to the continued health of our communities. Heather Dahl describes how privacy-preserving digital security technologies can help us to respect public health and safety measures while protecting our privacy.
How can we solve the blockchain conundrum?
Everledger CEO Leanne Kemp discusses the advantages and potential dangers of blockchain and gives her perspective on how the OECD can help ensure the benefits this technology can bring to reach as many people in the world as possible.
Acquisition Killed the Innovation Star?
The acquisition of start-ups by dominant incumbents looking to pre-empt the emergence of rival products - known as “killer acquisitions” – has caused concern and much discussion amongst competition enforcers around the world. OECD’s Chris Pike sets the scene for the at the 2021 OECD Competition Open Day.
How can competition law tackle misconduct in digital markets?
Competition in digital markets has become a hot topic well beyond the competition policy community. Concerns are growing about the conduct of large digital firms, and their impact on markets. OECD’s James Mancini looks at what competition authorities should do about these concerns.
Central bank digital currencies in the interconnected future
Central bank digital currencies (CBDCs) are already set to become part of national financial systems. In part one of a two-part series, Bitt.com’s Simon Chantry describes how the design and configuration of these networks is trending and how this is likely to affect us in the future interconnected world.