Challenges in Regulating Competition in the Digital Economy

06 Jun , 16:45–18:00
The Global Economy in Search of a Balance
Congress Centre, conference hall B1

The economy’s transition to the digital path has produced a new era of competition where the fight for user data – the ‘new oil’ of the global economy – has become essential for gaining a market share. The biggest technology platforms, such as Amazon, Apple, Facebook, Google, and Microsoft, have built their own business empires on user data and continue to increase their dominance. Certain competitive methods have yet to be addressed by the regulators, such as use of parser software to access data from other companies and prevent such use by data owners, prioritizing search results and information placement, and limiting the distribution of competing services. Other anti-competitive behaviour, namely price coordination and software bidding collusion, have already been deemed to be illegal, and regulators are sharpening their skills to detect such violations. To what extent is the further toughening of state regulation required? Or are there sufficient standards and codes of conduct being developed by industry players themselves? How is the competitive environment changing and what kind of antitrust regulation measures does business expect? Where is the line between the acceptable behaviour of a technology platform and the abuse of market power? Why do individual players such as Facebook advocate Internet regulation? How applicable is the experience of Germany, which has limited the amount of data that Facebook can collect about German users, and how uniform should regulation of the new economy among countries be?

Dimitry Afanasiev, Chairman, Co-Founding Partner, Egorov Puginsky Afanasiev & Partners

Svetlana Balanova, General Director, IBS
Nicolas Brusson, Co-Founder, Chief Executive Officer, Blablacar
Dave Waiser, Founder, Chief Executive Officer, Gett
Elena Ivashentseva, Senior Partner, Baring Vostok Capital Partners
Grigory Ivliev, Head, Federal Service for Intellectual Property (Rospatent)
Vasyl Latsanych, Chief Executive Officer, VimpelCom
Oleg Tumanov, Chief Executive Officer,
Andrey Tsarikovskiy, State Secretary – Deputy Head, Federal Antimonopoly Service of the Russian Federation

Front row participants
Elena Avakyan, Executive Director, Non-Profit Partnership for Advancement of Corporate Law
Gennady Degtev, Head, Moscow Department for Competitive Policy
Ruslan Ibragimov, Member of the Management Board, Vice President for Corporate and Legal Affairs, MTS
Aleksey Ivanov, Director, Institute of Law and Development HSE - Skolkovo, Director, BRICS Antimonopoly Centre, National Research University Higher School of Economics
Stepan Kuznetsov, Managing Director, Digital Business Development Directorate, Sberbank
Ioannis Lianos, Professor of Global Competition Law and Public Policy, University College London (UCL)
Payal Malik, Economics Adviser, Head of the Economics Division, Competition Commission of the Republic of India
Julia Popelysheva, Director of Legal Department, Yandex
Alexey Rybnikov, President, St. Petersburg International Mercantile Exchange
Anna Serebryanikova, President, Association of Big Data Market Participants; Member of the Board of Directors, MegaFon
Irina Sirenko, Director of Government Relations, Rostelecom