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TechTarget: For Big Tech Regulation, A Hammer May Not Be the Answer

TechTarget’s SearchCIO online magazine highlighted the recent Insights@Questrom Live event “Should We Regulate Platforms? How?”, co-sponsored by the Questrom School of Business Digital Business Institute. The event featured a high-powered panel of 13 experts, including Andrei Hagiu, Associate Professor of Information Systems, and moderated by Marshall Van Alstyne, Questrom Professor of Management.

Andrei Hagiu

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TechTarget’s SearchCIO online magazine highlighted the recent Insights@Questrom Live event “Should We Regulate Platforms? How?”, co-sponsored by the Questrom School of Business Digital Business Institute. The event featured a high-powered panel of 13 experts, including Andrei Hagiu, Associate Professor of Information Systems, and moderated by Marshall Van Alstyne, Questrom Professor of Management. The discussion highlighted some of the more recent business and societal challenges that have put platforms in the spotlight. One such issue is the dual role that some platforms play. For example, Amazon both owns and operates the platform, but also are a retailer themselves on the platform. Panelists debated the potential consequences of breaking-up or regulating digital platform companies and potential remedies to the recent challenges.

Unfortunately, one of the most prominent policy remedies that has been advanced [is that] you have to choose: either you’re a pure marketplace or you’re a pure retailer. I think this is one of the most misguided policy approaches to platforms.

Andrei Hagiu
Associate Professor of Informations Systems
Boston University Questrom School of Business

Did you miss this Insights Live event? No worries, you can watch all of our previous Insights Live Events on demand.

 

Andrei is a leading expert on platform strategy and business models. Prior to Questrom, he has taught platform strategy courses at Harvard Business School and the MIT Sloan School of Management. He uses the insights drawn from his research to advise and angel invest in start-ups building platform businesses, as well as to consult for large companies seeking to turn their products into platforms (e.g. ADP, Equifax, Intuit).