Reasonable regulations needed to protect platform marketplace

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Guest Peter Creticos in dailyherald:

All of these platforms have the look and feel of an open marketplace. But in reality, they're not. These are all the domains of their owners who set all the conditions and collect and analyze terabytes of data on sellers and buyers.

States are considering measures that aim to protect all stakeholders and ultimately strengthen their faith in the platform economy. Several foreign governments are already ahead of the U.S. on this. At the federal level, details are being sorted out on bipartisan legislation named the Open App Market Act.

by signing up you agree to our terms of service Second, app platforms should be subject to the same competition they require from their vendors. Apple, for example, does not pick a weather app and exclude others from its store. A consumer has choices and can download many services, as I do. They aren't limited to just one of anything. But there is only one place where I can obtain an app for my iPhone.

 

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