ANTITRUST AND COMPETITION CONFERENCE Part 6 Day One Panel Four 'Digital Platforms Market Power'

Digital Platforms: Market Power and Market Failures

Digital platforms (e.g. Facebook, Google, Twitter) rely on network effects to build vast ecosystems of users, advertisers and third-party developers, and to attain substantive market power. How should that market power be measured and what concerns does it raise for competition and entry? What are the market failures left unaddressed by these digital platforms and how should we expect them to govern their respective ecosystems?

Moderator: Jesse Eisinger, Senior Reporter and Editor, ProPublica

- Jay Pil Choi, University Distinguished Professor, Michigan State University

- Andrei Hagiu, Visiting Associate Professor of Technological Innovation, Entrepreneurship, and Strategic Management, MIT Sloan School of Management

- Sarit Markovich, Clinical Associate Professor of Strategy and Associate Chair of the Strategy Department, Northwestern University Kellogg School of Management

- Fiona Scott Morton, Theodore Nierenberg Professor of Economics, Yale University School of Management

- Carl Shapiro, Professor of the Graduate School, Haas School of Business and Department of Economics, University of California at Berkeley