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http://dx.doi.org/10.14400/JDC.2021.19.9.019

Analyzing stakeholders and policy implications of online platform regulations  

Kim, Gayoung (Division of Business Administration, Kookmin University)
Jung, Ae Rin (Research Center for Innovative Firms, Kookmin University)
Kim, Dohyeon (Division of Business Administration, Kookmin University)
Publication Information
Journal of Digital Convergence / v.19, no.9, 2021 , pp. 19-31 More about this Journal
Abstract
The influence of online platforms has become even more powerful than ever and there has been growing calls to regulate its enormous market power. Issues relating to platform monopolies have been discussed in Korea and recently the Online Platform Intermediary Transactions Fairness Bill has passed the Cabinet Council. Thus, we aim to analyze online platform regulations from stakeholder perspective and then address the regulatory direction. We first investigate the consequences of platform strategies including mergers that platform owners take. In addition, we inspect the possible effects of online platform regulations on its stakeholders. Our research can contribute to having a more balanced view on the online platform regulation that is somewhat in the favor of protecting platform complementors and consumers.
Keywords
Online Platform; Online Platform Intermediary Transactions Fairness Bill; Online Platform Regulations;
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