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Do competition authorities need to transform themselves in a digitally transformed world?

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The digital revolution affecting economies and societies cuts across multiple areas of government policy and is engendering an active dialogue between policymakers. The Organisation for Economic Cooperation and Development is playing a key role in advancing this dialogue and no more so than in the area of competition policy.

Should governments be regulating powerful data-driven companies? What tools and skills do competition authorities need to protect competition in a digital economy? How should different government authorities work together in this mission? 

These are the questions that the Head of the Competition Division of the OECD, Antonio Gomes and his colleagues, are asking and they’re bringing stakeholders from government, academia and business together to find the answers.

In this episode of Competition Lore, Antonio shares the latest thinking of the Competition Division on the challenges and opportunities for competition authorities grappling with the digital transformation of markets.

In a wide ranging discussion, we touch on vertical restraints in e-commerce, market definition and power in multi-sided markets, and the importance and timing of intervention to promote innovation, amongst other things.

Here are links to the OECD’s resources on the digital economy, innovation and competition.

And you can see Antonio and his colleagues discussing the work of the Competition Division on Youtube.

Featuring regular cut-through interviews with leading thinkers, movers and shakers, Competition Lore is a podcast series that engages us all in a debate about the transformative potential and risks of digitalised competition.

Join Caron Beaton-Wells, Professor in Competition Law at the University of Melbourne, to tackle what it means to participate as a competitor, consumer or citizen in a digital economy and society.

Competition Lore is produced by Written & Recorded.

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