Publication:
Digital Conglomerates in East Asia: Navigating Competition Policy Challenges

dc.contributor.authorWorld Bank
dc.date.accessioned2023-11-21T18:35:53Z
dc.date.available2023-11-21T18:35:53Z
dc.date.issued2023-11-21
dc.description.abstractConglomeration has traditionally been prevalent in Asia, a trend that is currently exacerbated by the characteristics of digital markets. While conglomerates offer important benefits, from economies of scale and diversification to the development of new products, they can also have a negative impact on market dynamics. This report examines conglomeration trends in five Asian countries, Malaysia, Korea, the Philippines, Thailand, and Viet Nam, to better understand whether offline conglomerates are expanding into digital markets vis a vis the expansion of purely digital conglomerates into adjacent and non-adjacent markets. The report focuses on one of the main expansion strategies: conglomerate mergers and acquisitions. To this end, it explores the prevalence of conglomerate mergers, both globally and within the East Asia region, the type of competition scrutiny they are submitted to, and potential aspects to strengthen their review to foster more effective competition policies. The report concludes with a set of key policy recommendations that address the identified risks.en
dc.identifierhttp://documents.worldbank.org/curated/en/099910511072341757/IDU1bacbe02d15720146df1bde216db04e93c9d1
dc.identifier.doi10.1596/40641
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40641
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectCONGLOMERATION
dc.subjectDIGITAL CONGLOMERATES
dc.subjectMARKET DYNAMICS
dc.subjectCONGLOMERATE MERGERS
dc.subjectEAP
dc.titleDigital Conglomerates in East Asiaen
dc.title.subtitleNavigating Competition Policy Challengesen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleDigital Conglomerates in East Asia: Navigating Competition Policy Challenges
okr.date.disclosure2023-11-21
okr.date.lastmodified2023-11-08T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099910511072341757/IDU1bacbe02d15720146df1bde216db04e93c9d1
okr.guid099910511072341757
okr.identifier.docmidIDU-bacbe02d-5720-46df-bde2-6db04e93c9d1
okr.identifier.doihttp://dx.doi.org/10.1596/40641
okr.identifier.externaldocumentum34192879
okr.identifier.internaldocumentum34192879
okr.identifier.report185704
okr.import.id2367
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099910511072341757/pdf/IDU1bacbe02d15720146df1bde216db04e93c9d1.pdfen
okr.region.geographicalEast Asia
okr.region.geographicalOceania
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Development Economics & Aid Effectiveness
okr.unitEFI-EAP-FCI-Finance-1 (EEAF1)
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