Platform Governance

Abstract

This chapter focuses on governance-related issues in the platform economy. By providing contextual issues that affect how value is created and captured, the chapter highlights the need for governance in promoting fairness and equity in the distribution of value captured among platform stakeholders. It further explores the different dimensions of platform governance such as decision rights, control portfolio, architecture, and pricing policies. By recognizing the need to guard against market failure, the chapter discusses the rules, mechanisms, and tools for platform governance and concludes by drawing on corporate governance as a key consideration for driving platform governance.