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When Serving the Public Interest Generates Private Gains: Private Actor Governance and Two-Sided Digital Markets
When Serving the Public Interest Generates Private Gains: Private Actor Governance and Two-Sided Digital Markets By Guillaume Beaumier, l'École Nationale d'Administration Publique and Abraham Newman, Georgetown University From speech to privacy, broad public interests are increasingly governed online by policy decisions taken by private companies. We examine when and how firms make such decisions. In contrast to the shadow of hierarchy and functionalist explanations of private authority, we build an analytical framework based on business power and the economics literature concerned with two-sided markets.