Platforms in a Digital Economy

Question 1

What defines the digital economy?

Answer 1

Economy based on digital platforms, data flows, and connected markets

Question 1

What drives competition on platforms?

Answer 1

Network effects, user base size, ecosystem lock-in, data control

Question 2

Regulatory issues?

Answer 2

Data ownership, antitrust laws, labour laws for gig economy.

Question 3

Example of Platforms in a digital economy:

Answer 3

Uber’s challenges with gig worker classification in EU.