Digital platforms

New research indicates that FinTech lending has not been as ‘disruptive’ in risk-based pricing as claimed. While FinTech has provided increased loan access to some individuals, reliance on traditional credit scoring and spillovers from banking regulations leads to mispricing and cross-subsidization of borrowers. The authors suggest alternatives to allocate capital efficiently and improve financial inclusion.

While the development of artificial intelligence has led to efficient business strategies, such as dynamic pricing, this new technology is vulnerable to collusion and consumer harm when companies share the same software through a central platform. Gabriele Bortolotti highlights the importance of antitrust enforcement in this domain for the second article in our series, using as a case study the RealPage class action lawsuit in the Seattle housing market.

Many scholars and policymakers have suggested regulating firms’ ability to price discriminate between consumers when they operate in a market prone to inactive users,...

Collective shaming on social media is crucial in reducing corporate misbehavior — and society would be significantly worse off without watchdog platforms. Social media, once...

The U.S. Department of Justice and eight states recently sued Google, claiming it runs its digital ad business to unfairly advantage its own business,...

“Incumbency advantage” among Big Tech platforms recognizes that network effects prevent users from leaving established platforms for emerging competitors. Gary Biglaiser, Jacques Crémer, and...

A landmark antitrust decision on Hollywood will sunset this year, paving the way for more major studios to overpower independent producers and exhibitors. A...

Congress is currently considering two major bills that would regulate “self-preferencing” and related conduct by dominant digital platforms. Criticism of these bills is heavily...

The FTC’s new policy on unfair methods of competition is an assertion of the original purpose of the agency, allowing it to take on...

With new limits on platforms taking effect in the EU and U.S. politicians showing greater willingness to defy tech titans, companies would do better...