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UCL Institute for Innovation and Public Purpose

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Algorithmic rents

About the project

Platform based models are enabling large corporations to reshape the global economic landscape. While theories of platform power are emerging, there is a need to better understand how and when platforms create and extract value. Absent a theory of value, policymakers looking to use innovation and competition policy to govern and shape the future of platforms, whether through antitrust or market shaping strategies, may design underperforming and mistakenly targeted strategies. This project will develop new concepts and tools for policymakers and researchers to identify and address algorithmic rents, creating new theories to govern platform economies and digital capitalism in the public interest. 


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