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Big Tech, the platform economy and the European digital markets

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Article

Brühl, Volker

Intereconomics. Review of European Economic Policy

2023

58

5

274-282

digital economy ; crowd work ; artificial intelligence ; digitalisation ; business economics

international

Business economics

https://doi.org/10.2478/ie-2023-0056

English

Bibliogr.

"Digital platforms have become an important part of the digital economy by facilitating transactions between large numbers of users and by fostering innovation on collaborative platforms. It is striking that platform-based services are dominated by a small number of global players. Most of them are headquartered in the USA, including Alphabet, Amazon, Apple, Meta and Microsoft, also known as the “Big Five”. A comparative analysis of the Big Five provides insights into their success factors and platform-related antitrust issues that could be helpful for policymakers to improve the European technology ecosystem. Business decision-makers can also benefit from these lessons learned when shaping digital strategies."

Digital



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