By the Financial Times Editorial Board The Federal Trade Commission’s $5bn fine for Facebook — assuming it is approved by the Department of Justice — is both eye-catching and sets a new record. The 2 per cent rise in Facebook shares after it was reported shows how little impact the market believes it will have […]
November 2018 Themes and Takeaways from the FTC Hearings on the Intersection of Big Data, Privacy, and Competition By Elena Kamenir (Orrick, Herrington & Sutcliffe)1 Click here for a PDF version of the article On November 6-8, 2018, the U.S. FTC held hearings on privacy, big data, and competition as a part of its […]
Posted by Social Science Research Network Algorithmic Price Discrimination on Online Platforms and Antitrust Enforcement in China’s Digital Economy By Wei Han, Yajie Gao & Ai Deng Antitrust issues in the digital economy, especially those concerning big data and algorithms, have attracted the attention of both scholars and practitioners all around the world. Against the backdrop of rapid […]
On October 2, the Federal Trade Commission (FTC) released on its website the agenda for the third session of its Hearings on Competition and Consumer Protection in the 21st Century. The next session of hearings is scheduled for October 15 through October 17 and the FTC will be accepting comments until December 14. The focus […]
The Competition and Market Authority (CMA) is looking for companies which are using big data to rip off vulnerable consumers after Greg Clark, business secretary, said he would trigger a far-reaching review into business practices related to big data, reported the Financial Times. Mr Clark has asked Andrew Tyrie, head of the CMA, to advise him […]
Posted by Social Science Research Network Algorithmic Collusion & Its Implications for Competition Law and Policy By Kenji Lee Algorithms are increasingly employed by businesses as an integral part of their business models given the availability of big data and breakthroughs in artificial intelligence technology and application. While the competition landscape has shifted to a digital […]
Posted by Social Science Research Network The Definition of the Relevant Market, Verticalization and Abuse of Dominant Position in the Era of Big Data. By Vicente Bagnoli Considering the digital economy and the constant changes imposed by technological innovation, the definition of the relevant market of Big Data allows to understand the market structure and related […]
Posted by Social Science Research Network Digital Markets, Mobile Payments Systems and Development – Competition Policy Implications in Developing Countries in Light of the EU Experience By Jörg Hoffmann, Mor Bakhoum & Francisco Beneke The digitization of economic activity has important socio-economic development implications and at the same time creates challenges for antitrust analysis. These implications and challenges […]
Posted by Social Science Research Network Data Accumulation and the Privacy-Antitrust Interface: Insights from the Facebook Case for the EU and the US By Giuseppe Colangelo & Mariateresa Maggiolino The emergence of multi-sided media platforms occurred in parallel with the success of business models that revolve around the collection and use of personal data, generating […]
Posted by Reuters 7th Circuit confronts antitrust in the age of Big Data By Alison Frankel On Monday, the 7th US Circuit Court of Appeals vacated a preliminary injunction that required competing car dealership software management companies to allow a data scraper to access information from consenting customers. The data scraper, Authenticom, had accused the […]