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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.
This book investigates how the rise of Big Data and data-driven business strategies necessitates a reevaluation of existing competition law and antitrust policy. Authors Maurice E. Stucke and Allen P. Grunes, both established experts in competition law, synthesize the intersection of digital economics and regulatory oversight. They argue that while data-driven efficiencies exist, the competitive implications of data accumulation require a nuanced approach from authorities in both the United States and the European Union.
What You Will Find
Scope Limits
Experts recognize this work as a foundational text for understanding the early regulatory challenges posed by the digital economy. Practitioners and academics frequently cite the authors' balanced approach to the tension between innovation and market competition.
Page Count:
391
Publication Date:
2016-01-01
Publisher:
OUP Oxford
ISBN-10:
0191092207
ISBN-13:
9780191092206
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