Article

Competition and the Industrial Challenge for the Digital Age

Jean Tirole

Abstract

Tech giants' dominance does not confront us with an unpalatable choice between laissez-faire and populist interventions. This article takes stock of available knowledge, considers desirable adaptations of regulation in the digital age, and draws some conclusions for policy reform.

Keywords

regulation; antitrust; fairness; industrial policy; contestability; mergers;

JEL codes

  • D42: Monopoly
  • L1: Market Structure, Firm Strategy, and Market Performance
  • L4: Antitrust Issues and Policies
  • L5: Regulation and Industrial Policy
  • L9: Industry Studies: Transportation and Utilities

Reference

Jean Tirole, Competition and the Industrial Challenge for the Digital Age, Annual Review of Economics, vol. 15, September 2023, pp. 573–605.

Published in

Annual Review of Economics, vol. 15, September 2023, pp. 573–605