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E-Commerce and Competition Law

E-Commerce and Competition Law

Description

Why should competition authorities be concerned with the rise of e-Commerce?

“The digital giants are blowing a Schumpeterian gale through our economies.... But it must be remembered that an economy in the throes of creative destruction needs to be kept on a knife-edge (a precarious place to be, especiallyduring a gale). Markets needs to contain enough promise of profit to spur innovation, while being competitive enough to keep strong incentives to continue to innovate and serve customers.”

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