Why Do We Regulate and Why Do We Regulate Digital Markets? #competitionlaw
"...Another common economic reason to regulate is when we notice that consumers do not have the necessary information to make informed choices or do not have the capacity to understand it. We call that information asymmetry... Imagine, for example, that you start noticing that YouTube loads videos much more slowly than Netflix. If you don't know whether this is because YouTube servers are very busy or
because your Internet access provider intentionally slows down YouTube, then you cannot decide if you need to change the Internet access provider or just blame YouTube. However, YouTube and your Internet service provider know what is happening and may use that information to their advantage at your expense. Since you may not know whether turning to a competitor would solve the problem, competition again might underperform."
Meta & Google Ads Specialist | Google Certified | Digital Strategist | GTM |GA4
2wWishing everyone at Droga5 success in this new chapter!