OXFORDECONOMICSEXPLORINGTHEECONOMICIMPACTOFREGULATIONINDIGITALMARKETSREPORTFORTHESOFTWAREANDINFORMATIONINDUSTRYASSOCIATIONOCTOBER2025A reportbyOXFORDsIIAECONOMICS
ABOUTOXFORDECONOMICSOxford Economics was founded in 1981 as a commercial venture with Oxford University's business collegetoprovide economic forecasting and modelling to UK companies and financial institutions expandingabroad.Since then, we have become one of the world's foremost inde pendent alobal advisory firmsproviding reports, forecasts, and analytical tools on more than 200 countries, 100 industrie, and 8,000cities and reaions.Our best-in-class alobal economic and industrvmodels and analvtical tools aive us aunparalleledability to forecast externalmarket trends and assess their economic social. and businessHeadquartered in Oxford, Einaland with retional rentferYork london.Frankfurt and SingaporeOxford Economics has offices across the alobe in Abu Dhabi Belfas, Chicago, Dubaij Dublin, Hong Kong,Los Angeles, Mexico City, Milan, Paarl, Paris, Philadelphia. Svdnev, Tokyo, and Toronto. We employ 700 stafincluding more than450 professionaleconomists, industy experts, and business editors-one of the largestteams of macroeconomists and though t leadership specialists. Our global team is highly skilled in afullrange ofresearch techriques and thoughtleadership capalbiltfies fromeconometric modeling, scenaricframing, andeconomicimpact analysis to market surveys, casestudies,expert panels, and web analytics.Oxford Economicsis a kev adviser to corporate,finan cial, and government decision-makers and thought2,500 international organizations, includingleadina multinationalcompanies and financial institutionsrnment bodies and trade associations;and top universities, consultancies, and think tanksOCTOBER2025Alldatashown in tables ad ahats are Oxford Economics own data, except where othervise state andcited in footnotes, and are copyright @ Oxford Economics LtdThis report is confidential to the Software and Information Industry Association (SlIA) and may notbe published or distributed without their prior written permissionThe modelling and results presented here are based on information provided by third parties, upon whichOxford Economics has relied in oroducina its report and forecastsin good faith. Any subsecquent revisionor update of those data will affect the assessments and projections shownTodiscuss therepotfurther pleasecontactAliceGambarin: agambarin@oxfordeconomics.comOxford Economics5HanoverSq,8thFloorNewYork,NY10004Tel:+1646-786-1879
TABLEOFCONTENTS1.Introduction......2.Diaitalmarketsregulation.,2.1Therationalefor antitrust law.3Evaluatina the imolications of diaital markets legislation..1531Gloal tedsindigitargulatio...-7532Adeep-divernto the urirtended orsequencsoftheDMA.-4.ThecaseofAl.21.234.2Adoption levels and investment...254.3Reaulatoryapproaches...274.4TheeconomyofproducingAl的5Conclusion.........346.Appendix:glossary..37
OXFORDExploring the economic im pact of regulation in digital mar...