Big Tech, the platform economy and the European digital markets
Intereconomics. Review of European Economic Policy
2023
58
5
274-282
digital economy ; crowd work ; artificial intelligence ; digitalisation ; business economics
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
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.