The study considers the prospects for the legal regulation of public and private digital platforms. Digital platforms have replaced linear businesses and changed economic principles. The transition to digital technologies in the economy, business, and society substantiates the need for their legal regulation. The study aims at considering the legal status of public and private digital platforms, developing a new conceptual framework, determining the key features of digital platforms, and analyzing the prospects for developing legal regulation in this area. The paper compared management contexts in the public and commercial sectors. With the help of the generalization method, criteria for a new classification of digital platforms were proposed. The article used such methods as analysis, synthesis, deduction, and induction. The study represents a new definition of digital platforms, classifies them, and concludes that the introduction of special regulation of public and private digital platforms might require preliminary approbation, for example, in the form of an experimental legal regime. To ensure the comprehensive regulation of the activities of digital platforms, it is necessary to adopt international concepts that would allow creating uniform terms and principles. At the same time, regulation should consider the specifics of the existing regulation. On the one hand, it will be based on the dispositive method; on the other hand, it will be built over the imperative method.