Big tech finance has the potential to consolidate its position on national and international markets very rapidly, thanks to the intrinsic advantages that large technological multinationals have in their business models. This could lead not only to benefits in terms of efficiency of the industry, but also non-traditional risks which regulators will have to face in order to maximize the implications of this phenomenon while minimizing the risks. The financial services offered by big tech companies compete with those of traditional intermediaries, but in some cases, also create partnerships with them.
Big Tech Finance between Efficiency and Market Choices
in Economia & Management, n. 2/2020 (April/June 2020), p. 72-75