Big data and competition policy / Maurice E. Stucke, Allen P. Grunes.
2016
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Details
Author
Title
Big data and competition policy / Maurice E. Stucke, Allen P. Grunes.
Added Author
Edition
First edition.
Imprint
Oxford, United Kingdom : Oxford University Press, 2016.
Copyright
©2016
Description
1 online resource
Formatted Contents Note
Defining big data
Smartphones as an example of how big data and privacy intersect
The competitive significance of big data
Why haven't market forces addressed consumers' privacy concerns?
The US's and EU's mixed record in assessing data-driven mergers
Agencies focus on what is measurable (Price), which is not always important (Free Goods)
Data-driven mergers often fall outside competition policy's conventional categories
Belief that privacy concerns differ from competition policy objectives
Importance of entry barriers in antitrust analysis
Entry barriers can be higher in multi-sided markets, where one side exhibits traditional network effects
Scale of data : trial-and-error, 'Learning-by-doing' network effects
Two more network effects : scope of data and spill-over effects
Reflections on data-driven network effects
Risk of inadequate merger enforcement
The price of weak antitrust enforcement
Recognizing when privacy and competition law intersect
Data-opoly : identifying data-driven exclusionary and predatory conduct
Understanding and assessing data-driven efficiencies claims
Need for retrospectives of data-driven mergers
More coordination among competition, privacy, and consumer protection officials.
Smartphones as an example of how big data and privacy intersect
The competitive significance of big data
Why haven't market forces addressed consumers' privacy concerns?
The US's and EU's mixed record in assessing data-driven mergers
Agencies focus on what is measurable (Price), which is not always important (Free Goods)
Data-driven mergers often fall outside competition policy's conventional categories
Belief that privacy concerns differ from competition policy objectives
Importance of entry barriers in antitrust analysis
Entry barriers can be higher in multi-sided markets, where one side exhibits traditional network effects
Scale of data : trial-and-error, 'Learning-by-doing' network effects
Two more network effects : scope of data and spill-over effects
Reflections on data-driven network effects
Risk of inadequate merger enforcement
The price of weak antitrust enforcement
Recognizing when privacy and competition law intersect
Data-opoly : identifying data-driven exclusionary and predatory conduct
Understanding and assessing data-driven efficiencies claims
Need for retrospectives of data-driven mergers
More coordination among competition, privacy, and consumer protection officials.
Summary
"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. [This book] 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 approaches 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"--Provided by the publisher.
Bibliography, etc. Note
Includes bibliographical references and index.
Source of Description
Print version.
Access Note
Access restricted to subscribing institutions.
Linked Resources
Alternate Title
Oxford Competition Law.
Language
English
ISBN
9780198788133
0198788134
0198788134
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