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Proposed Online Platform Act Risks Chilling Innovation and Derailing US-Korea Trade Relations
Delaying further action on the proposed Online Platform Act is the right decision. It would create barriers to entry that stifle the growth of smaller firms, while distorting market incentives and penalizing standard commercial practices of larger firms. By enabling direct regulatory targeting of U.S. digital firms, it also raises concerns over discriminatory treatment and market access.
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1 Articles
Proposed Online Platform Act Risks Chilling Innovation and Derailing US-Korea Trade Relations
Delaying further action on the proposed Online Platform Act is the right decision. It would create barriers to entry that stifle the growth of smaller firms, while distorting market incentives and penalizing standard commercial practices of larger firms. By enabling direct regulatory targeting of U.S. digital firms, it also raises concerns over discriminatory treatment and market access.
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