There has been vigorous debate about the concentration of market power in super-platforms like Google and Facebook. Do we have the policy tools to preserve competition? What are the implications of increasingly powerful data-opolies? The new economy has led scholars to question the economic theories that have underpinned competition policy since the 80s, and politicians and policymakers are taking notice.
In this episode of Competition Lore, Professor Stucke explains what data-opolies are, and why he says we should worry about them.
The episode is available here.