Showing 1 - 10 of 36
Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
Persistent link: https://www.econbiz.de/10013322176
Access to the network is one of the key tools used by regulators to stimulate competition in network industries. For instance, incumbents in the telecommunications sector, in the European Union and elsewhere, are typically mandated to grant access to their network to their rivals. Third-party...
Persistent link: https://www.econbiz.de/10012855901
More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres & Joaillerie France SAS. Some even speak about the “endangered corporate form” and point to the rise of the uncorporation. This Primer examines...
Persistent link: https://www.econbiz.de/10013086492
This paper, which has been prepared for the conference on Economic Governance and Competition at Tilburg University, examines private ordering within the payment card industry to define appropriate security practices and to monitor compliance by network participants. This private ordering regime...
Persistent link: https://www.econbiz.de/10013138591
The European Data Economy initiative is built on the belief that the current regulatory environment is not adequate in order to unleash the potential of such data-driven economy. The initiative focuses on so-called ‘non-personal data' as a way to complement data protection rules that regulate...
Persistent link: https://www.econbiz.de/10012898010
Data sharing presents many opportunities in terms of stimulating innovation and creating a level playing field between businesses, but also carries risks by potentially decreasing incentives for data collection and analysis, facilitating collusion between firms or exploiting consumers as well as...
Persistent link: https://www.econbiz.de/10012858640
A consensus is emerging that a flourishing European data economy requires effective portability of and access to data for individuals as well as businesses. Beyond the right to data portability introduced in the General Data Protection Regulation, a number of data access regimes are being...
Persistent link: https://www.econbiz.de/10012888908
This paper studies competition in data-driven markets, that is, markets where the cost of quality production is decreasing in the amount of machine-generated data about user preferences or characteristics, which is an inseparable byproduct of using services offered in such markets. This gives...
Persistent link: https://www.econbiz.de/10012902290
According to the European Commission, Svenska Kraftnät, the Swedish network operator, might have violated competition rules by limiting cross-border transmission capacity to relieve congestion within Sweden. Eventually, the case was settled and Svenska Kraftnät offered commitments to address...
Persistent link: https://www.econbiz.de/10013103670
In December 2011 the European Commission updated its original SGEI package of 2005 in which it spelled out under which conditions public service compensation constituted aid but was compatible with the internal market. As such both versions of the Package complement the 2003 Altmark ruling of...
Persistent link: https://www.econbiz.de/10013107418