For a long time, a prevailing view was that due to the dynamic nature of competition in digital markets intervention by antitrust authorities may do more harm than good. It was assumed that Joseph Schumpeter’s “perennial gales of creative destruction” would sufficiently discipline any...

For a long time, a prevailing view was that due to the dynamic nature of competition in digital markets intervention by antitrust authorities would do more harm than good. It was assumed that the permanent risk of disruptive innovations, Joseph Schumpeter’s “perennial gale of creative...