Business Models, Incentives, and Theories of Harm

By Cristina Caffarra

The known limitations of traditional antitrust rules are no reason for a view that “antitrust is just inadequate to deal with the issues raised by large digital platforms, we need regulation.” Smart regulation is a complement with a key role to play but we can and should pursue antitrust cases more creatively without being shackled by lack of precedent, and give substantive content to notions of “exploitative abuse” – not confined just to excess pricing. In articul