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Dominykas Sumskis
About Dominykas Sumskis
Junior Policy Analyst at LFMI
Economy

Ridesharing Mythbusters: Examining 6 Common Misconceptions

Dominykas Sumskis and LFMI/January 31, 2017August 7, 2017 /Leave a comment

Ridesharing has become particularly attractive for passengers and increasingly more drivers engage in ridesharing as an extra source of income. Despite the rise in popularity, accusations of market anarchy prevail. The important thing to do is not to give in to false information.

Review #5

REVIEW #5: Sharing Economy in Lithuania: Lessons of Success and Failure

Dominykas Sumskis, LFMI and 4liberty.eu/October 22, 2016December 13, 2016 /Leave a comment

The first sharing economy businesses appeared in Lithuania only a couple of years ago. Therefore, there is not enough economic data to evaluate how significant it has been to the Lithuanian economy. The sectors that the sharing economy business models emerge in are rather different and completely separated.

Economy

How to Pluck the Fruits of the Sharing Economy?

Dominykas Sumskis and LFMI/August 23, 2016August 7, 2017 /Leave a comment

France is facing yet another challenge. The European Commission clearly stated that a restrictive regulatory approach that they have implemented must be avoided. A difficult road is ahead for the French government as it will have to admit that the country’s licensing practices are laughably outdated and have to be removed.

Economy, Politics

Government Yet Again Tells Lithuanians Not to Work

Dominykas Sumskis and LFMI/June 20, 2016August 29, 2017 /Leave a comment

With Lithuanian Parliamentary elections approaching, Lithuanian MPs like magicians are pulling out of a hat same old populistic laws. Once again they are trying to push through an old and already bashed suggestion that prohibits people from working on holidays.

Economy

Why Protest Technology?

Dominykas Sumskis and LFMI/April 25, 2016August 29, 2017 /Leave a comment

Fast forward to the 21st century Europe. Taxi drivers are the ones who are threatened by new technologies. A simple mobile app made them share the market with a whole lot of new drivers. And let’s be fair – nobody likes sharing a market with new competitors.

Economy

How to Establish True Digital Single Market in Europe?

More Liberal Voices and Dominykas Sumskis/October 21, 2015August 29, 2017 /Leave a comment

A common EU cyberspace market is expected to transform cyberspace into a favourable environment for new businesses and provide even the smallest digital companies with access to 500 million consumers across the EU. It is indeed an excellent intention, but what are the steps to a successful implementation?

Economy

European Witch Hunt Against Uber

Dominykas Sumskis/August 4, 2015August 29, 2017 /Leave a comment

Uber, established in 2009, today is valued at around $50 billion and its great success lies in the simplicity of the business model. Anyone can become an Uber driver in the USA, but is it so simple in Europe?

Economy

Dairy Debacle: The Cartelization of Lithuanian Dairy Farming

Dominykas Sumskis/July 9, 2015August 29, 2017 /Leave a comment

The Lithuanian Parliament and the Ministry of Agriculture are destroying competition in the dairy sector through the egregious regulation of raw milk purchases. Much noise has been made over this new law, which places onerous restrictions on the dairy market of dubious constitutionality.

Politics

Digital Single Market’s Trap for Competition

More Liberal Voices and Dominykas Sumskis/June 16, 2015November 3, 2015 /Leave a comment

On May 6, 2015, the European Commission announced the Digital Single Market Strategy. It is a set of policies aimed at encouraging the development of innovation, digital technologies and cyberspace. The intentions are good, but will implementation be successful?

Society

Is Europe’s Googlephobia Justified?

Dominykas Sumskis/April 26, 2015April 27, 2015 /Leave a comment

Google has been targeted by the European Commission. The IT giant has been accused of prioritizing its price comparison services in search engines. To illustrate, when comparing prices from two dealers, Google Shopping comes out on the screen. Formally, one can of course justify an investigation as a potential abuse of the dominant position by Google, but what is the real cause?

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Think Tanks

Liberte!
Republikon Institute
FOR (Civil Development Forum)
Lithuanian Free Market Institute
The F. A. Hayek Foundation
Institute For Market Economics
Academy Of Liberalism
Institute of Economic and Social Studies
Projekt Polska
Liberal Institute
Liberales Institut
Svetilnik Slovenija
The Institute for Economic Research And Policy Consulting
Szabad Piac
New Economic School Georgia
Visio Institut
CETA
Economic Freedom Foundation

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