Transatlantic Consumer Dialogue (TACD)
Outside the United States
Hearings on Competition and Consumer Protection in the 21st Century: American University, November 6-8, 2018
Transatlantic Consumer Dialogue (TACD) is a forum of over 70 U.S. and EU consumer-focused organisations working together to influence governments policy decisions in the consumer interest. This contribution focuses on the interplay between competition, privacy and consumer welfare in digital markets. The rapid expansion of digital technologies and digital markets has brought with it both opportunities and challenges. Technology has helped reduce production and distribution costs, and has created the conditions for new consumer markets offering innovative products and services. In the process this has made markets more competitive and efficient. However, applying competition laws in digital markets has become a challenge. TACDs resolution highlights a number of concerns, which include the inability of existing legal frameworks to tackle new forms of exploitative practices that lead to consumer harm, and reduced incentives to innovate on technologies that would enhance privacy. In the attached comments, TACD sets out seven concrete recommendations for the competition authorities to address these concerns.