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Big data, exploited by ever more powerful AI and machine-learning engines that extract previously unattainable information, is being monetized in various ways and is underpinning the market valuation of today's most valuable corporations. This has made data-generated rents the principal bone of...
Persistent link: https://www.econbiz.de/10012858424
Portuguese Abstract: O caráter cada vez mais complexo da trama digital e o crescente número de conflitos nessa seara desafiam nossa capacidade de compreensão. Os autores propõem uma taxonomia dos modos de comércio digital, analisam as áreas em que existem conflitos e comparam as táticas...
Persistent link: https://www.econbiz.de/10012924827
The digital transformation has facilitated old modes of trade and business models and enabled the creation of entirely new ones. Digital disruption is being felt across all modes of trades: digital versions of products or services compete with physically embodied versions; and digital...
Persistent link: https://www.econbiz.de/10012929432
The revised EU Directive on payment services in the internal market (PSD2) entered into application on 13 January 2018. The PSD2 introduces a sector-specific data portability rule dubbed access to account, or XS2A. Under the PSD2, specific categories of third parties (“Fintechs”) are allowed...
Persistent link: https://www.econbiz.de/10012929589
Der Beitrag liefert eine kritische Würdigung der geplanten europäischen Regulierung digitaler Onlinedienste - Digital Markets Act (DMA) und Digital Services Act (DAS) - aus medienökonomischer Perspektive. Dabei werden Schwerpunkte auf Gatekeeper-Effekte und die Rolle von algorithmischen Such-...
Persistent link: https://www.econbiz.de/10012704134
The European Commission has proposed a new regulatory tool for the governance of digital markets. The Digital Markets Act (DMA) intents to limit the market behavior of so-called gatekeeper companies to ensure contestable and fair digital markets. We review the provisions of the DMA both from a...
Persistent link: https://www.econbiz.de/10012652861
Historically, conflict between states has centered on valuable prizes – assets that generated economic rents: land in the agrarian era, trade routes and ports and resources in the industrial mercantile era, intellectual property in the knowledge-based economy era, and now data in the...
Persistent link: https://www.econbiz.de/10013216728
My colleague, Herbert Hovenkamp, is almost universally recognized as the most cited and the most authoritative US antitrust scholar. Among his many honors, his status as the senior author of the authoritative Areeda and Hovenkamp treatise makes him the unquestioned leader of the New Harvard...
Persistent link: https://www.econbiz.de/10013218149
With an increasing share of global commerce taking place in digital form or facilitated by digital platforms, it is becoming increasingly important to update the rules-based framework to accommodate and enable the development of the intangibles-based data-driven economy while reconciling the...
Persistent link: https://www.econbiz.de/10013220271
From the "rules vs. standard" approach (in law & economics) the regulatory approach of the DMA proposal of the EU Commission, which requires that all gatekeepers have to com-ply with the same set of obligations with regard to all core platform services, can be seen as a strict per-se rule regime...
Persistent link: https://www.econbiz.de/10013221831