fbpx China’s new regulation of platforms: a message for American policymakers - Tom Wheeler | Harvard Kennedy School

Excerpt

September 14, 2021, Opinion: "At a time when the United States and its Western allies are struggling to determine the proper oversight of digital platform companies, the Chinese government is moving decisively ahead with its own plan. That China has designed regulations for these digital platform companies to stimulate competition and innovation should send a message to Western policymakers.  The new policies—ranging from competition enforcement to opening corporate data hoards—are an exercise of raw autocratic power. Apparently, one reason for the action is preservation of that power against the growing strength of the platform companies and their charismatic leaders. Another rationale for the move, however, is that the new enforcement will make Chinese digital platform companies more competitive and stimulate innovation."

HKS Affiliate - Tom Wheeler