DIGITAL MARKET REGULATION
21.07.2023
International Scientific Journal "Science and Innovation". Series A. Volume 2 Issue 7
Dilnoza Djalilova Rakhmatovna
Abstract. This article discusses why it's important to regulate digital markets effectively in the rapidly changing digital economy. It looks at the special challenges of digital markets, such as protecting data privacy, dealing with powerful platforms, and avoiding biased algorithms. The article emphasizes the need for smart and flexible rules to handle these issues. It also uses real-world examples and theories to show different ways to regulate digital markets and how they can affect competition and consumers. In the end, the article encourages cooperation between governments, international organizations, and businesses to create a fair, creative, and sustainable digital marketplace.
Keywords: digital markets, digital economy, data privacy, powerful platforms, flexible rules, regulate, affect, competition, consumers, cooperation, governments, international organizations, businesses, fair, sustainable digital marketplace
References:
1. European Commission. (2021). Shaping Europe's Digital Future. Retrieved from https://ec.europa.eu/digital-single-market/en/shaping-europes-digital-future
2. Federal Trade Commission (FTC). (2022). FTC Privacy and Data Security Update. Retrieved from https://www.ftc.gov/reports/privacy-data-security-update-2022-report-federal-trade-commission
3. Organisation for Economic Co-operation and Development (OECD). (2021). The OECD Recommendation on Competition in the Digital Economy. Retrieved from https://legalinstruments.oecd.org/en/instruments/OECD-LEGAL-0449
4. World Economic Forum. (2021). Platform Governance Toolkit: Regulation for the Platform Economy. Retrieved from https://www.weforum.org/reports/platform-governance-toolkit-regulation-for-the-platform-economy
5. European Parliament. (2022). Competition Policy in Digital Markets. Retrieved from https://www.europarl.europa.eu/RegData/etudes/STUD/2022/739060/IPOL_STU(2022)739060_EN.pdf
6. United States Department of Justice. (2023). Competition and Digital Markets. Retrieved from https://www.justice.gov/atr/competition-and-digital-markets
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