The ACCC’s ‘bargaining code’: A path towards ‘decentralised regulation’ of dominant digital platforms?

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A new law for a Mandatory Bargaining Code in Australia has been proposed by the ACCC to improve the bargaining position of publishers seeking compensation from digital platforms for the use of their news content. Incorporating properties in line with bargaining theory and leaving implementation to the parties involved, the design of this ‘decentralised’ approach to regulation poses interesting questions on whether such an approach could be applied beyond this setting.

In this article, Cristina Caffarra and Gregory Crawford of the University of Zurich discuss the relevance of this form of regulation for further questions on dominance of digital platforms.

To read the article, please use the link here.