What are digital platforms? An overview of definitions, typologies, economics, and legal challenges arising from the platform economy in Eu
Year: 2021
Type: article
Abstract: Digitalisation is defining new eras for various economic sectors and human activities. It consists of all interventions to bring what is analogue in the digital dimension. Digitalization sector is the main enabler of the platform economy, which takes the form of the creation of a data (or digital) layer on top of the physical world, providing a parallel virtual map of the world. Digitalisation, embodied by digital platforms, brings efficiency by reducing information asymmetry, transaction costs, search costs, and by empowering new services or large scale of coordinated networks. However, digital platforms raise new regulatory challenges such as, for instance, the need for open data, ensuring a balanced relationship between the platforms and their users, inappropriate existing legal framework for new services, etc. In this light, this paper aims to provide a comprehensive introduction in the dimension of digital platforms by analysing their definitions, typologies, economics, and legal challenges arising from the platform economy in EU. Thus, it provides an examination of the intersection between digital platforms, economics, and law.
Author: Erion Murati
Institution: Universität Hamburg
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3201036624