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Online Platforms And The Eu Digital Single Market, Maurice Stucke, Ariel Ezrachi
Online Platforms And The Eu Digital Single Market, Maurice Stucke, Ariel Ezrachi
College of Law Faculty Scholarship
Our submission to the U.K. House of Lords, Internal Market Sub-Committee is based on our joint research, which explores the effects Big Data and technology have on competition dynamics. It reviews the use of technology to facilitate collusion, conscious parallelism, and unilateral price discrimination as well as the effects of online and mobile platforms.Our submission addresses the following issues: • What role does data play in the business model of online platforms? • Can data-driven online platforms have excessive market power? • If so, how can they abuse this power? • If so, how does this happen and what effect …
Debunking The Myths Over Big Data And Antitrust, Maurice Stucke, Allen Grunes
Debunking The Myths Over Big Data And Antitrust, Maurice Stucke, Allen Grunes
College of Law Faculty Scholarship
What are the implications of Big Data on competition policy? Some argue little, if any, and offer several reasons why Big Data is a passing fad. We disagree.As we discuss, competition law can play an important role in maximizing the benefits of a data-driven economy, while mitigating its risks. Our aim here is to first address the competitive significance of Big Data and, second, take on ten myths downplaying Big Data’s antitrust significance.
No Mistake About It: The Important Role Of Antitrust In The Era Of Big Data, Maurice Stucke, Allen Grunes
No Mistake About It: The Important Role Of Antitrust In The Era Of Big Data, Maurice Stucke, Allen Grunes
College of Law Faculty Scholarship
Competition authorities in Europe (and to a lesser extent in other jurisdictions) are beginning to make data, its uses, and its implications for competition law, a key focus. Some, however, argue that competition law has a limited role to play in the era of big data. We respectfully disagree. Competition law will play an integral role to ensure that we capture the benefits of a data-driven economy while mitigating its associated risks.After outlining several implications of big data on competition policy, we address some of the myths about big data and competition law. These myths paint with a broad brush …
The Curious Case Of Competition And Quality, Maurice Stucke, Ariel Ezrachi
The Curious Case Of Competition And Quality, Maurice Stucke, Ariel Ezrachi
College of Law Faculty Scholarship
Alongside the consideration of price, competition authorities recognize that quality can be as, if not more, important in some markets. But as competition authorities also recognize, identifying the dimensions of competition important to many consumers is difficult. Even when these dimensions of quality are identified, measuring them represents additional challenges.To circumvent these challenges, competition authorities rely on several heuristics when assessing a merger’s, cartel’s or monopolistic restraint’s impact on quality. Often the heuristics work well for the competition authorities.Our paper, however, identifies several scenarios where these heuristics break down, when competition and quality are not positively correlated, and when an …