Do antitrust laws erode shareholder returns? Evidence from the Chinese market

Cho, Sang Jun; Chung, Chune Young; Kim, Daniel Sungyeon

doi:10.1007/s10657-023-09763-y

Cited by 1 publication

(1 citation statement)

References 41 publications

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“…Several previous studies have investigated the impact of digital transformation on business competition and the implementation of antitrust laws. For example, research by Khan et al ( 2020) illustrate how large digital platforms have the potential to abuse their dominant position to prevent fair competition in digital markets (Cho et al, 2023). On the other hand, research by Smith and Doe (2018) identified challenges in recognizing and responding to monopolistic practices in this complex digital era.…”

Section: Literature Reviewmentioning

confidence: 99%

Digital Transformation and Business Competition Challenges Comparative Analysis of Antitrust Law

Kartikawati

2024

J. Progressive. Law. Leg. Stud.

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Digital transformation has changed the business competition paradigm by enabling the growth of the digital economic industry. However, this also creates new problems related to market domination by large companies and restrictions on access to platforms, making market penetration difficult for small and medium businesses. The antitrust legal framework in Indonesia needs to be strengthened to face the challenges of globalization and digital transformation. Implementation of Law Number 5 of 1999 still faces obstacles in dealing with monopolistic practices and abuse of dominant positions by large companies. Therefore, revisions or additions to more specific regulations are needed. Business competition in the digital economy is characterized by unequal access and abuse of market power by large technology companies, hindering innovation and creating injustice. Concrete steps are needed to improve the fairness of business competition, including increased regulation and more effective law enforcement. This research uses descriptive normative legal research methods to analyze the implementation of antitrust law in facing challenges arising from digital transformation. By focusing on the description and analysis of legal norms relating to business competition, this research explores how these norms are interpreted and applied in everyday legal practice. Antitrust law in Indonesia needs to be adapted to the realities of the digital economy to ensure optimal protection against business competition. This includes increasing the capacity of business competition supervisory institutions, expanding the scope of regulations to cover online platforms, and increasing sanctions for violators. Thus, it is hoped that this adjustment can provide more effective protection for small and medium businesses and encourage innovation in the digital economy sector.

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Section: Literature Reviewmentioning

confidence: 99%

Digital Transformation and Business Competition Challenges Comparative Analysis of Antitrust Law

Kartikawati

2024

J. Progressive. Law. Leg. Stud.

View full text Add to dashboard Cite

show abstract

Do antitrust laws erode shareholder returns? Evidence from the Chinese market

Cited by 1 publication

References 41 publications

Digital Transformation and Business Competition Challenges Comparative Analysis of Antitrust Law

Digital Transformation and Business Competition Challenges Comparative Analysis of Antitrust Law

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