Competition policy in the context of digital transformation
On the final day of the anniversary 10th Gaidar Forum, January 17, an expert discussion was held on competition in the context of digital transformation. The participants discussed new challenges and opportunities for business in the context of digital transformation, prospects for the development of individual markets and industries in general, problems of multilateral markets’ limits determination.
Andrey Shastitko, Director, the Center for Studies of Competition and Economic Regulation, RANEPA, and Andrey Tsarikovskiy, Secretary of State, Deputy Head of the Federal Antimonopoly Service, moderated the discussion. Andrey Tsyganov, Deputy Head of the Federal Antimonopoly Service, Anatoly Golomolzin, Deputy Head of the Federal Antimonopoly Service, Anna Meleshkina, Research Fellow at the Center for Studies of Competition and Economic Regulation, RANEPA, Alexey Ivanov, Director, Institute for Law and Development, HSE-Skolkovo, Elena Zaeva, Head of the Communications and Information Technologies Directorate, Federal Antimonopoly Service, Elena Kovaleva, Head of the Directorate for Competition Policy at Analytical Center of the Government of the Russian Federation took part in the debates.
Andrey Tsyganov started the discussion with opportunities for competition in the context of digitalization. It was noted that the speed of decision-making is growing in business, the use of digital technologies leads to a huge reduction in the costs of doing business. The expert paid attention to the fact that digitalization forms an additional incentive for cartels creating.
During the discussion, the participants also noted that there are new markets that cannot be clearly defined by product boundaries; it is necessary to develop new legal forms for digital platforms regulation.
Andrey Golomolzin paid attention to the change of the object in the context of current transformation. In his opinion, a person should cease to be a consumer, he should become a participant in the process. He emphasized that now business is conducted not only with the use of intellectual property rights; large corporations use the “half-rights” of intellectual property. According to the expert, this becomes the main tool for the formation of market power and predetermines the situation in the markets.
In addition, Elena Zaeva said that the basic principles that are used by regulators should not be overly formalized.
Participants of the event came to the conclusion that it is necessary to focus on the study of the modern irrational consumer. This is one of the most important components of economic analysis in modern conditions.
Viktoriya Voynova, RANEPA
10th Gaidar Forum Organizers:
The Russian Presidential Academy of National Economy and Public Administration (RANEPA);
The Gaidar Institute for Economic Policy (Gaidar Institute);
The Association of Innovative Regions of Russia (AIRR).
The general partners of the Gaidar Forum are Gazprom and Gazprombank; strategic partners include Prosveshcheniye publishing house, Coca-Cola, Pharmstandard group, ACIG Group of Companies, the Russian Textbook Corporation, SANOFI, Novartis, Johnson & Johnson, Russian Railways, MSD, and Mastercard; EY, Cisco and Russian Direct Investment Fund are partners. This discussion’s partners are Philips, Cherkizovo and RVC.
The general information partners of the Gaidar Forum include the Rossiya 24 TV channel, Forbes global media company, RBC and TASS news agencies. The official information agency is Rossiya Segodnya. The general radio partner is Business FM. The strategic information partners are Kommersant Publishers, the RT TV channel, Interfax and Gazeta.RU. The main information partners are Profil weekly, FederalPress news agency, and Invest Foresight online magazine. The international information partners are Sputnik and Cision. Other media partners include PRIME news agency, Rossiyskaya Gazeta, RNS news agency, Radio Ekho Moskvy, News.Ru, Polit.ru, Parlamentskaya Gazeta, the PRO BUSINESS TV channel, Strategia magazine, AK&M, BRICS, Ekonomika i Zhizn weekly, National Banking Journal, Expert Tatarstan magazine, the Smart Country information platform, Financial One, Naans Media, and the Public Administration scientific political journal.