• Title/Summary/Keyword: Online Platform Intermediary Transactions Fairness Bill

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Analyzing stakeholders and policy implications of online platform regulations (온라인 플랫폼의 규제에 따른 이해관계 분석과 정책적 시사점)

  • Kim, Gayoung;Jung, Ae Rin;Kim, Dohyeon
    • Journal of Digital Convergence
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    • v.19 no.9
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    • pp.19-31
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    • 2021
  • 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.