

Challenges in the legal regulation of competition in the context of the digital transformation of the economy
https://doi.org/10.35854/2219-6242-2024-4-560-572
Abstract
Competition law and policy foster, maintain and encourage competition in markets by establishing and ensuring prohibitions on business practices that may harm competition. The risk of anticompetitive practices is shown to increase with the tendency of large digital companies to form diversified conglomerates by developing new products and services or acquiring promising start-ups that reduce competition in the market. These companies operate through unique business models, and their use of advanced technologies and data exacerbates existing anticompetitive practices while creating new ones. Big data is explored as a key tool for gaining competitive advantages, and the complexities of interpreting artificial intelligence algorithms are discussed, particularly in relation to tacit collusion. The study also investigates the antitrust regulation of digital platforms in the European Union (EU) and China, highlighting the emergence of dominant “structuring” platforms in the markets. The authors argue that ensuring competitive market functioning in the presence of these platforms has become increasingly difficult for regulators. A number of regulatory changes are proposed to address these challenges
About the Authors
A. S. VolnovRussian Federation
Alexey S. Volnov, postgraduate student
44A Lermontovskiy Ave., St. Petersburg 190020
A. V. Dalinin
Russian Federation
Aleksey V. Dalinin, PhD in Law, Associate Professor, Head of the Department of Criminal Law and Procedure
44A Lermontovskiy Ave., St. Petersburg 190020
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Review
For citations:
Volnov A.S., Dalinin A.V. Challenges in the legal regulation of competition in the context of the digital transformation of the economy. Sociology and Law. 2024;16(4):560-572. (In Russ.) https://doi.org/10.35854/2219-6242-2024-4-560-572