Professor @CBScph | Director Digital Markets Competition Forum | Platform economy, Platform markets, Ecosystems, Digital transformation, Competition
Dec 23, 2021 • 29 tweets • 12 min read
Platform envelopment & killer acquisitions in the spotlight as @Meta (i.e, @Facebook) appeals @CMAgovUK decision to sell @GIPHY. Here’s why I think this could be good news….also for regulators! But some background first. A thread 🧵
The Italian competition authority @antitrust_it has fined @AmazonItalia €1.13bn for abuse of dominant position: Amazon gives preferential treatment to third-party sellers who use its own logistics and delivery services, ie., Prime affiliated sellers on.ft.com/3lUSXJB
After the fine to @Google by the EU, this is a clear signal that antitrust authorities are taking issue with alleged “self-preferencing practices”. Details for the @AmazonItalia alleged abusive conduct 👇 For non Italian speakers: I’ll give key points agcm.it/dotcmsdoc/alle…