Rey Lab

Toulouse School of Economics - Jean-Jacques Laffont Foundation

Occitanie (FRJ) · France

ERC-funded
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Research focus

ERC Advanced Grant · 2021

Competition and regulation in the digital economy

The digital economy is of growing importance for society, but its development challenges the traditional approaches to competition policy and regulation, based on a benchmark of perfect competition that regulatory authorities aim at approaching in the various relevant markets. Economies of scale and scope are more the rule than the exception, network effects and multi-sidedness are pervasive, information and data are shaping industries, the boundaries of the markets are becoming blurred, and industry dynamics are on a new scale. These features make the perfect competition benchmark and the focus on individual markets less relevant, calling for a new conceptual framework for the analysis of…

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