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INTERMEDIA

DOMINANCE IN DIGITAL MARKETS

17.03.2023 Share this

By Tim Cowen and Sophia Yakhno

The 2020s may be the era when politicians work out that almost everything voters buy is transacted through the devices on our desktops, in our pockets and on our wrists. The power and control of the tech platforms is notorious. Their wealth is astonishing, with the top 5 tech businesses worth over a trillion dollars each. (For perspective, the next largest company
was for some time Saudi Aramco, though much depends on the price of oil.) The fact that something must be done to address market dominance and its abuse has been established for a while. Legislation has been enacted and actions taken in many countries.

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TIM COWEN and SOPHIA YAKHNO consider the current status of legislation and enforcement designed to address the power of digital platforms.

Intermedia Issue:
Vol 51 Issue 1
Issue Date:
March 2023
Tim Cowen Tim Cowen Partner, Preiskel & Co LLP; Director, International Institute of Communications Sophia Yakhno Sophia Yakhno Trainee, Preiskel & Co LLP

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