COVID-19 pandemic bolsters market power of digital giants, need for cooperation among rivals — Mundt

The COVID-19 pandemic has bolstered the market power of online platforms and caused an economic crisis necessitating cooperation to re-establish supply chains, the president of Germany’s competition authority Andreas Mundt told PaRR in an interview.

The president of the Bundeskartellamt (Bkarta) pointed to several challenges that the COVID-19 pandemic has posed to the agency, noting that the acceleration of digitisation, complaints by third-party dealers against Amazon and the need to allow certain types of horizontal cooperation.

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