Why Platform Companies (Facebook, Amazon, Airbnb and Uber) Are the Opposite of Traditional Companies, Why They Become So Enormous, and How They Can Be Effectively Regulated: Marshall Van Alstyne (repost) (#79)
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Platforms Are Different to Regulate
platforms are different to regulate, and regulators have to be careful of unintended consequences. The traditional anti trust has the traditional tests of pradation and things don't particther work very well. There's no question that there is abuse of market dominance. They're entering markets for their own partners with data that the partners themselves don't have. And we should also require a vertically-rated serface so you can offer those exact same terms to all users. It creates competitive benefit for consumers but we don't want unfair entry into the market where it's only the platform who gets to do it.
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