Description
Book SynopsisBig 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 th
Trade Review"Highly recommended..." * Cited in the Autoritat Catalana de la Competència, 'The Data-Driven Economy. Challenges For Competition', November 2016 *
"...a comprehensive new book examining the deep and reaching implications of platform and data monopolies." * Julia Powles, The Guardian, 2 May 2016 *
Table of Contents1. THE GROWING DATA-DRIVEN ECONOMY; PART II: THE COMPETITION AUTHORITIES' MIXED RECORD IN RECOGNIZING DATA'S IMPORTANCE AND THE IMPLICATIONS OF A FEW FIRMS' UNPARALLELED SYSTEM OF HARVESTING AND MONETIZING THEIR DATA TROVE; PART III: WHY HAVEN'T MANY COMPETITION AUTHORITIES CONSIDERED THE IMPLICATIONS OF BIG DATA?; PART IV: WHAT ARE THE RISKS IF COMPETITION AUTHORITIES IGNORE OR DOWNPLAY BIG DATA?; PART V: ADVANCING A RESEARCH AGENDA FOR THE AGENCIES AND ACADEMICS