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Competition Policy for Digital Markets
The session on Recent Developments in Digital Markets examined emerging competition challenges arising from AI-driven technologies and digital platform ecosystems. Consistent with the objectives outlined in the official UNCTAD concept note, the discussion focused on how competition authorities can respond to changing market dynamics while ensuring that technological innovation continues to benefit consumers and businesses alike.
Participants highlighted concerns regarding increasing concentration in digital markets, particularly where access to data, AI capabilities and digital infrastructure is concentrated among a limited number of large technology firms. Such developments have the potential to reduce market contestability, limit consumer choice and create barriers for new entrants.
The discussion also recognised that digital transformation presents significant opportunities for innovation and economic growth. Alongside effective enforcement, participants emphasised the importance of creating an enabling environment for start-ups and emerging enterprises, recognising that innovation and competition should reinforce one another rather than be viewed as competing objectives.
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