RT Book, Section T1 Transnational Corporations and Technological Transformation: The Political Economy of the New Digital Economy A1 Pérez Lagüela, Elena AB This chapter follows a Political Economy approach to articulate three dimensions of analysis (actors, scenarios, and mechanisms) to facilitate the understanding of the power relations that underpin the New Digital Economy (NDE). The author hypothesises that the NDE is further concentrating wealth as well as political and economic power in a few technology clusters that emerge around the business activities of the top-5 digital transnational corporations (TNCs) (Alphabet, Amazon, Apple, Meta, and Microsoft). This increasing concentration is also grating these TNCs’ growing bargaining power over other non-digital TNCs, states, and the global citizenry. The main conclusion is that the NDE is characterised by a highly connected, complex, and fragile economic and political relations that make for a hierarchical, asymmetric, and deeply concentrated international digital economic system. PB Springer YR 2024 FD 2024 LK https://hdl.handle.net/20.500.14352/131147 UL https://hdl.handle.net/20.500.14352/131147 LA eng NO Pérez Lagüela, E. (2024): “Transnational Corporations and Technological Transformation: The Political Economy of the New Digital Economy”, en Hernández Martínez, D. y Calvillo Cisneros, J. M. (eds.): International Relations and Technological Revolution 4.0: World Order, Power and New International Society. Londres. Springer, ISBN: 978-3-031-66749-7, pp. 107-131. DS Docta Complutense RD 2 feb 2026