2.1.3. Stronger Antitrust/Cartel Laws

To enable fair competition in the realm of Platform Capitalism and the Digital Single Market we need stronger EU Competition Laws. Regulative bodies like antitrust divisions and cartel authorities shall ask for strong data protection compliance upon corporate mergers. In addition, regulators require additional criteria to evaluate abuses of market power such as:

• network effects and lock-in effects
• access to data relevant for competition

An effective valuation of market power has to keep the whole economic ecosystem in check.

Key regulative measures of these agencies will include to:

• Split up platform monopolies and other businesses that have become too large
• Share (anonymised) datasets of big players with public entities or NGOs — to create public/municipal data commons
• Oversee businesses and corporations
• Collect fines