Abstract While codes/architectures in cyberspace are usually considered to regulate human activity, the productive dimension of such power has less been discussed. Codes/architectures also change market mechanisms, largely due to the evolution of digital platforms as drivers of new modes of production, increasingly becoming a powerful organizing body that mobilizes and manages productive resources like goods, services, information, human capital, money, et cetera , ostensibly through market mechanisms and processes. It is therefore necessary to further explore how market mechanisms have changed under the shaping of digital platforms and, indirectly, how the legal rules surrounding market resources, structures, competitive behaviors, distribution, and other dimensions need to be adjusted accordingly. This Article attempts to further identify the dual attributes of platforms, focusing on how market mechanisms have been affected by changes in modes of production, changing their operation and adapting to advances in productivity, and evolving from a traditional free market to a more cybernetic marketplace, and indirectly to a more controlled marketplace, which indirectly requires the corresponding legal rules to be adjusted. In this sense, digital markets and platform organizations are two sides of the same coin, and this Article discusses the functions of the two in some of the argumentative paragraphs without distinguishing between them.
L X Hu (Wed,) studied this question.