Big digital platforms or “Big Tech” companies are the object of extensive academic research, competition policies, antitrust proceedings, and new regulatory framework proposals. We investigate the hypothesis that large platforms have at least a temporary monopoly on access to a large variety and volume of data. We identify three basic first-viewer advantages that improve next-period forecasting accuracy. A large platform provider can use these informational advantages to shape its platform rules to keep their platform advantages. We offer three specific public policy recommendations to improve social welfare that are in line with those advanced by some policymakers.
About Rutgers Business Review
Rutgers Business School
Victor Glass is Director, CRRI Scholar, and Professor of Professional Practice - Finance and Economics, Rutgers Business School - Newark and New Brunswick, Rutgers University. Prior to joining Rutgers, Dr. Glass was Director of Demand Forecasting and Rate Development at...
Lumsa University, Italy
Antonio Nicita is a Full Professor of Economic Policy at LUMSA, Visiting Fellow at the Freedom Center, University of Arizona and Visiting Scholar at the Center for Research in Regulated Industries, Rutgers Business School, Usa. He has been Associate Professor of...
Rutgers University, USA
Stefano Gori is a Regulatory Economist with a PhD in economics from UWE (UK), a MSc. In International Finance from CERAM/Skema (France) and a Bachelor degree in Economics from Bocconi University (Italy). He has an extensive practical & academic experience in Network...
Dollar Tree Case Study: Price Leadership and Strategic Planning for Market Success - When Dollar Store Items Sell for More than a Dollar
by Art Weinstein , Jasmine Pottinger, Ann Mantle
Dollar Tree, Inc. is the second largest dollar retailer comprised of Dollar Tree stores and the Family Dollar chain. This case analyzes the Dollar Tree division...
by Oleksiy Osiyevskyy, Yurii Umantsiv, Yuliia Biliavska
Today’s era of massive accumulation of digital data allows tracking consumers’ digital footprints and market trends up to minor nuances, enabling new models for...