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 […]
According to BBC News, the UK’s privacy regulator, the Information Commissioner’s Office (ICO), has fined British Airways a record £183 million (US$229 million) fine for a data breach that is believed to have occurred starting in June 2018. The ICO stated the incident took place after users of British Airways’ website were diverted to a fraudulent […]
March 2019 CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents: CPI EU News: FCO Facebook Quadriptych Click here for a PDF version of the article In early February 2019, the German Bundeskartellamt (“FCO”) announced its highly anticipated and “ground-breaking” Facebook decision. CPI EU News is pleased to present […]
December 2018 CPI EU News Column edited by Thibault Schrepel, Sam Sadden & Jan Roth (CPI) presents: Apple/Shazam: Data Is Power, But Not A Problem Here By Nicolo Zingales (Sussex Law School)1 Click here for a PDF version of the article Introduction Is there a significant impediment to effective competition where a major provider of […]
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 Out-Law Germany sets up body to lead modernisation of competition law By Michael Reich A new body tasked with proposing reforms to competition law to better support digital companies based in Europe has been set up by the German government. The Commission Competition Law 4.0 was set up by the Ministry for Economic Affairs. […]
Posted by Social Science Research Network How to Economize Consumer Protection By Michael R. Baye (Indiana University) & Joshua D. Wright (George Mason University) The US antitrust laws are about protecting consumers from harm stemming from abuses of competition and the competitive process. Courts, private parties, and federal agencies extensively rely upon economists to help […]
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 Social Science Research Network Protecting Consumers in Privacy and Data Security: A Perspective of Information Economics By Ginger Zhe Jin (University of Maryland) & Andrew Stivers (Federal Trade Commission) Abstract: This note provides an economic approach to consumer privacy and data security based on the extensive economic literature on how information flows, […]
EU judges will have to decide whether Alphabet’s Google has to remove certain web search results globally to comply with a previous privacy ruling after France’s supreme administrative court referred the issue to the top EU court. Google has gone head to head with the French data protection authority, CNIL, over the territorial scope of […]