A Conversation with Marietje Schaake (Part 2)

Marietje Schaake is a leading and influential voice in Europe on digital platforms and the digital economy. She is the founder of the European Parliament Intergroup on the Digital Agenda for Europe and has been a member of the European Parliament since 2009 representing the Dutch party D66 that is part of the Alliance of Liberals and Democrats for Europe (ALDE) political group. Schaake is spokesperson for the center/right group in the European Parliament on transatlantic trade and digital trade, and she is Vice-President of the European Parliament ’s US Delegation. She has for some time advocated more regulation and accountability of the digital platforms.You can read Part 1 of this conversationhere.FR:I want to focus on the small players. People concerned about regulation say that if you only focus on the big players like Facebook, Google or Twitter and how to regulate them, you will make it very difficult for the small players to stay in the market because transaction costs and other costs connected to regulation will kill the small companies. Regulation becomes a way to lock in the existing regime and market shares because it takes so many resources and so much money to stay in the market and compete. And new companies will never be able to enter the market. What do say to that argument?MS: It depends on how the regulations are made but it is a real risk. It is the risk of GDPR (general data protection regulation,https://www.wired.co.uk/article/what-is-gdpr-uk-eu-legisla...
Source: Cato-at-liberty - Category: American Health Authors: Source Type: blogs