Major parts of global trade in commodities and services are shifting to digital platforms. Yet, current regulatory debates surrounding global value chains (GVCs) and digital platforms are mostly siloed from each other. They share however the challenge of adjusting regulation to a novel mode of economic organization that breaks with our established cognitive frames in both law and economics. By consequence, we contend that both debates should be read in an interlinked manner – overcoming the industrial/digital divide. Digital platform operators should be understood as a ‘second-order lead firm’. To illustrate this, we assess the compatibility of the platform economy with the reigning model of GVC capitalism and its regulatory underpinnings.
|Number of pages||29|
|Journal||European Review of Private Law|
|State||Published - Apr 2023|