How can the DMA promote value creation in Europe’s digital economy?
On Wednesday 12 May 2021, Oxera hosted a panel discussion with expert academics and policymakers on how the European Commission’s proposal for a Digital Markets Act (DMA) can be adapted in order to promote value creation in Europe’s digital economy.
We began with a short presentation of Oxera’s report on business practices that generate value for consumers and business users both online and offline. We then invited our esteemed panel of experts to discuss our findings and the DMA more broadly.
Our report, commissioned by CCIA Europe,1 combines insights from both economics and management science to shed new light on how three common business practices—bundling and tying, self-preferencing, and leveraging—can be beneficial, and how allowing firms to engage in such conduct can generate significant value for users and increase competition. It also explores how the DMA could be improved to facilitate this value-creation, leading to a more efficient, dynamic and innovative European digital economy.
A full recording of the event is available below, and the post-event digest can be found here:
1 The report was authored by Oxera and does not necessarily represent the position of CCIA or CCIA member companies.