This book examines the role, impact, and limitations of regulation as a tool for shaping innovative markets.
It contends that the current supply-centred approach is suboptimal in the context of digital innovation and proposes a blueprint for a more demand-conscious approach to regulation. The focus on the demand-side is prompted by the evolving role of consumers within the innovation process in the digital and data-driven economy, the regulatory implications of which are underexplored in legal scholarship.
The book features in-depth case studies of the most recent regulatory initiatives in the EU, including Open Banking, the Digital Markets Act (DMA), and the AI Act. It dismantles innovative regulatory instruments, and critically examines their underlying assumptions from an innovation perspective. The new demand-based approach informs the design and use of supply-side market-centred tools, behaviourally-informed demand-side instruments, and technological regulation, by introducing a coherent set of demand-centred considerations.
The book offers a regulatory toolbox recalibrated for the digital age and serves as a practical guide for academics, policymakers, regulators, and legal practitioners seeking to understand and engage with the regulation of innovative markets.
By:
Nikita Divissenko (Utrecht University the Netherlands) Imprint: Hart Publishing Country of Publication: United Kingdom Dimensions:
Height: 238mm,
Width: 162mm,
Spine: 18mm
Weight: 520g ISBN:9781509978335 ISBN 10: 150997833X Series:Hart Studies in Commercial and Financial Law Pages: 240 Publication Date:23 January 2025 Audience:
Professional and scholarly
,
College/higher education
,
Undergraduate
,
Primary
Format:Hardback Publisher's Status: Active
Part I 1. Innovation and Demand-based Paradigms for Regulation Part II 2. Regulating Innovation in the EU: Case Studies 3. Supply-centred (co-)regulation and Demand-side Obstacles to Innovation Part III 4. Potential and Limitations of the Behaviourally-informed Regulatory Toolbox 5. Technological Regulation in Innovative Markets
Nikita Divissenko is Assistant Professor at the School of Law, Utrecht University, the Netherlands.