Big Data and Competition Policy

Author: Professor Maurice Stucke,Alan Grunes

Publisher: N.A

ISBN: 9780198788140

Category:

Page: 368

View: 9362

Big Data and Big Analytics are a big deal today. Big Data is playing a pivotal role in many companies' strategic decision-making. Companies are striving to acquire a 'data advantage' over rivals. Data-driven mergers are increasing. These data-driven business strategies and mergers raise significant implications for privacy, consumer protection and competition law. At the same time, European and United States' competition authorities are beginning to consider the implications of a data-driven economy on competition policy. In 2015, the European Commission launched a competition inquiry into the e-commerce sector and issued a statement of objections in its Google investigation. The implications of Big Data on competition policy will likely be a part of the mix. Big Data and Competition Policy is the first work to offer a detailed description of the important new issue of Big Data and explains how it relates to competition laws and policy, both in the EU and US. The book helps bring the reader quickly up to speed on what is Big Data, its competitive implications, the competition authorities' approach to data-driven mergers and business strategies, and their current approach's strengths and weaknesses. Written by two recognized leading experts in competition law, this accessible work offers practical guidance and theoretical discussion of the potential benefits (including data-driven efficiencies) and concerns for the practitioner, policy maker, and academic alike.

Big Data and Competition Policy

Author: Professor Maurice Stucke,Alan Grunes

Publisher: N.A

ISBN: 9780198788133

Category:

Page: 336

View: 2430

Big Data and Big Analytics are a big deal today. Big Data is playing a pivotal role in many companies' strategic decision-making. Companies are striving to acquire a 'data advantage' over rivals. Data-driven mergers are increasing. These data-driven business strategies and mergers raise significant implications for privacy, consumer protection and competition law. At the same time, European and United States' competition authorities are beginning to consider the implications of a data-driven economy on competition policy. In 2015, the European Commission launched a competition inquiry into the e-commerce sector and issued a statement of objections in its Google investigation. The implications of Big Data on competition policy will likely be a part of the mix. Big Data and Competition Policy is the first work to offer a detailed description of the important new issue of Big Data and explains how it relates to competition laws and policy, both in the EU and US. The book helps bring the reader quickly up to speed on what is Big Data, its competitive implications, the competition authorities' approach to data-driven mergers and business strategies, and their current approach's strengths and weaknesses. Written by two recognized leading experts in competition law, this accessible work offers practical guidance and theoretical discussion of the potential benefits (including data-driven efficiencies) and concerns for the practitioner, policy maker, and academic alike.
Business & Economics

Virtual Competition

Author: Ariel Ezrachi,Maurice E. Stucke

Publisher: Harvard University Press

ISBN: 0674545478

Category: Business & Economics

Page: 356

View: 7616

Ariel Ezrachi and Maurice Stucke take a hard look at today’s app-assisted paradise of digital shopping. The algorithms and data-crunching that make online purchasing so convenient are also changing the nature of the market by shifting power into the hands of the few, with risks to competition, our democratic ideals, and our overall well-being.

The Roles of Innovation in Competition Law Analysis

Author: Paul Nihoul,Pieter Van Cleynenbreugel

Publisher: Edward Elgar Publishing

ISBN: 9781788972437

Category:

Page: 384

View: 4130

Rapid technological innovations have challenged the conventional application of antitrust and competition law across the globe. Acknowledging these challenges, this original work analyses the roles of innovation in competition law analysis and reflects on how competition and antitrust law can be refined and tailored to innovation. With chapters from well-established and up-and-coming competition law and economics scholars - from the Academic Society for Competition Law (ASCOLA) - this book reflects on the role innovation has played, and can continue to play, within competition and antitrust law. In addition to uncovering innovation concerns within their analysis, the authors also make important contributions to academic and policy debates on the relationship between these areas of law and other instruments of innovation regulation, such as data protection regulation, intellectual property law, the regulation of big data, platforms and artificial intelligence. Academics in competition and intellectual property law, economics and political science working on data protection or innovation more generally will find this book a useful insight into future challenges for constructing meaningful and effective laws within the area of innovation. Policymakers and practising lawyers will also find the example cases useful, especially for refining and restructuring perception about innovation in competition law.
Business & Economics

Competition Policy

Theory and Practice

Author: Massimo Motta

Publisher: Cambridge University Press

ISBN: 9780521016919

Category: Business & Economics

Page: 616

View: 2599

The first book offering a systematic treatment of the economics of antitrust or competition policy.
Law

Fairness in Antitrust

Protecting the Strong from the Weak

Author: Adi Ayal

Publisher: Bloomsbury Publishing

ISBN: 1782254021

Category: Law

Page: 240

View: 1845

What drives popular support for state-enforced competition policy? What is it about antitrust law that garners approval from both the public and courts, to the point of demonizing large firms convicted of antitrust offenses? In this book Adi Ayal argues that the populist roots of antitrust are still with us, guiding sentiment towards a legal regime that has otherwise shifted towards economic analysis. Antitrust is very much about fairness and morality; this book assesses how modern policy has hijacked popular support - based on traditional conceptions of political and economic power - to combat market power in narrowly defined micro-markets. Beginning with history, but delving into moral and political philosophy, Professor Ayal shows how arguments concerning fairness in antitrust apply both to monopolists and their victims. Fairness thus requires a balancing test based on context and respecting the rights of all parties involved. While traditionally fairness arguments were used to justify intervention where economic analysis did not, this book assesses them from first principles, to show that pure efficiency analysis is flawed from a moral standpoint when the state intervenes. Protecting weak consumers from strong monopolists may carry rhetorical weight, but the reality of antitrust is that the state is much more powerful than almost all firms it regulates. Protecting the strong from the weak, especially when 'weak' consumers hold legal power and influence, might very well be a moral imperative. This book offers a philosophical account of the conundrum facing competition policy which challenges widely-held yet often implicit and unfounded beliefs.

Data-Driven Innovation Big Data for Growth and Well-Being

Big Data for Growth and Well-Being

Author: OECD

Publisher: OECD Publishing

ISBN: 9264229353

Category:

Page: 456

View: 5716

This report improves the evidence base on the role of Data Driven Innovation for promoting growth and well-being, and provide policy guidance on how to maximise the benefits of DDI and mitigate the associated economic and societal risks.
Business & Economics

Reinventing Capitalism in the Age of Big Data

Author: Viktor Mayer-Schönberger,Thomas Ramge

Publisher: Basic Books

ISBN: 0465093698

Category: Business & Economics

Page: 288

View: 4156

From the New York Times bestselling author of Big Data, a prediction for how data will revolutionize the market economy and make cash, banks, and big companies obsolete In modern history, the story of capitalism has been a story of firms and financiers. That's all going to change thanks to the Big Data revolution. As Viktor Mayer-Schönberger, bestselling author of Big Data, and Thomas Ramge, who writes for The Economist, show, data is replacing money as the driver of market behavior. Big finance and big companies will be replaced by small groups and individual actors who make markets instead of making things: think Uber instead of Ford, or Airbnb instead of Hyatt. This is the dawn of the era of data capitalism. Will it be an age of prosperity or of calamity? This book provides the indispensable roadmap for securing a better future.

Abuse of Dominance in EU Competition Law

Emerging Trends

Author: Pier Luigi Parcu,Giorgio Monti,Marco Botta

Publisher: Edward Elgar Publishing

ISBN: 1785367625

Category:

Page: 208

View: 9938

Granting rebates to a customer or refusing to supply a competitor are examples of ordinary commercial practices, which become ‘abusive’ under Article 102 of the Treaty on the Functioning of the EU (TFEU) when carried out by ‘dominant’ firms. This topical book provides an up-to-date account of the emerging trends in the enforcement and interpretation of this provision at both the EU and national level.
Law

Private Power, Online Information Flows and EU Law

Mind The Gap

Author: Angela Daly

Publisher: Bloomsbury Publishing

ISBN: 1509900659

Category: Law

Page: 184

View: 9459

This monograph examines how European Union law and regulation address concentrations of private economic power which impede free information flows on the Internet to the detriment of Internet users' autonomy. In particular, competition law, sector specific regulation (if it exists), data protection and human rights law are considered and assessed to the extent they can tackle such concentrations of power for the benefit of users. Using a series of illustrative case studies, of Internet provision, search, mobile devices and app stores, and the cloud, the work demonstrates the gaps that currently exist in EU law and regulation. It is argued that these gaps exist due, in part, to current overarching trends guiding the regulation of economic power, namely neoliberalism, by which only the situation of market failure can invite ex ante rules, buoyed by the lobbying of regulators and legislators by those in possession of such economic power to achieve outcomes which favour their businesses. Given this systemic, and extra-legal, nature of the reasons as to why the gaps exist, solutions from outside the system are proposed at the end of each case study. This study will appeal to EU competition lawyers and media lawyers.
Computers

Managing Big Data Integration in the Public Sector

Author: Aggarwal, Anil

Publisher: IGI Global

ISBN: 1466696508

Category: Computers

Page: 338

View: 2714

The era of rapidly progressing technology we live in generates vast amounts of data; however, the challenge exists in understanding how to aggressively monitor and make sense of this data. Without a better understanding of how to collect and manage such large data sets, it becomes increasingly difficult to successfully utilize them. Managing Big Data Integration in the Public Sector is a pivotal reference source for the latest scholarly research on the application of big data analytics in government contexts and identifies various strategies in which big data platforms can generate improvements within that sector. Highlighting issues surrounding data management, current models, and real-world applications, this book is ideally designed for professionals, government agencies, researchers, and non-profit organizations interested in the benefits of big data analytics applied in the public sphere.
Social Science

The Wisdom Of Crowds

Author: N.A

Publisher: Anchor

ISBN: 0385721706

Category: Social Science

Page: 306

View: 2786

Looks at the theory that large groups have more collective intelligence than a smaller number of experts, drawing on a wide range of disciplines to offer insight into such topics as politics, business, and the environment.
Business & Economics

The Oxford Handbook of International Antitrust Economics

Author: Roger D. Blair,D. Daniel Sokol

Publisher: Oxford Handbooks

ISBN: 0199859191

Category: Business & Economics

Page: 632

View: 4596

More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.
Law

Personal Data in Competition, Consumer Protection and Intellectual Property Law

Towards a Holistic Approach?

Author: Mor Bakhoum,Beatriz Conde Gallego,Mark-Oliver Mackenrodt,Gintarė Surblytė-Namavičienė

Publisher: Springer

ISBN: 3662576465

Category: Law

Page: 577

View: 2929

This book analyses the legal approach to personal data taken by different fields of law. An increasing number of business models in the digital economy rely on personal data as a key input. In exchange for sharing their data, online users benefit from personalized and innovative services. But companies’ collection and use of personal data raise questions about privacy and fundamental rights. Moreover, given the substantial commercial and strategic value of personal data, their accumulation, control and use may raise competition concerns and negatively affect consumers. To establish a legal framework that ensures an adequate level of protection of personal data while at the same time providing an open and level playing field for businesses to develop innovative data-based services is a challenging task.With this objective in mind and against the background of the uniform rules set by the EU General Data Protection Regulation, the contributions to this book examine the significance and legal treatment of personal data in competition law, consumer protection law, general civil law and intellectual property law. Instead of providing an isolated analysis of the different areas of law, the book focuses on both synergies and tensions between the different legal fields, exploring potential ways to develop an integrated legal approach to personal data.
Antitrust law

Communications and Competition Law

Key Issues in the Telecoms, Media and Technology Sectors

Author: Fabrizio Cugia

Publisher: N.A

ISBN: 9789041151469

Category: Antitrust law

Page: 423

View: 8159

For reasons hard to define, the communications field is not subject to the general rules of competition law e and more so now than ever. With the increasingly complex competitive battleground entailed by the bundling of networks and services, matters such as intellectual property of content, consumer protection, privacy, and data security come to the fore in a legal environment very different from that in which such matters are handled in other fields."
Law

EC Competition Law

Author: Giorgio Monti

Publisher: Cambridge University Press

ISBN: 0521700752

Category: Law

Page: 527

View: 5967

Monti explores the development of EC competition law through an interdisciplinary approach, focusing on the political and economic considerations that affect the way the rules are interpreted. Written with competition law students in mind, it should also be of interest to undergraduate and postgraduate students of EU politics and economics.
Antitrust law

Comparative Competition Law and Economics

Author: Roger J. Van den Bergh

Publisher: Edward Elgar Publishing

ISBN: 1786438313

Category: Antitrust law

Page: 576

View: 9498

Offering a concise and critical comparison of EU competition law and US antitrust law from an economic perspective, this is the ideal textbook for international and interdisciplinary courses combining law and economic approaches.
Social Science

The Politics and Policies of Big Data

Big Data, Big Brother?

Author: Ann Rudinow Sætnan,Ingrid Schneider,Nicola Green

Publisher: Routledge

ISBN: 1351866540

Category: Social Science

Page: 358

View: 8875

Big Data, gathered together and re-analysed, can be used to form endless variations of our persons - so-called ‘data doubles’. Whilst never a precise portrayal of who we are, they unarguably contain glimpses of details about us that, when deployed into various routines (such as management, policing and advertising) can affect us in many ways. How are we to deal with Big Data? When is it beneficial to us? When is it harmful? How might we regulate it? Offering careful and critical analyses, this timely volume aims to broaden well-informed, unprejudiced discourse, focusing on: the tenets of Big Data, the politics of governance and regulation; and Big Data practices, performance and resistance. An interdisciplinary volume, The Politics of Big Data will appeal to undergraduate and postgraduate students, as well as postdoctoral and senior researchers interested in fields such as Technology, Politics and Surveillance.