Competition law and big data

How is big data used in economics?
“Big data and business data offer huge opportunities to answer economic research questions in new and better ways.
With their help, economic development can be examined closer to the current point in time, making it easier to determine the differences between various groups of households, companies, or regions.”.
What is big data in competition law?
Understanding Big Data and its impact on competition law
As technology advances, the amount of data generated by businesses and consumers is growing exponentially.
This information, known as "Big Data", has the potential to provide valuable insights into consumer behaviour and market dynamics._{May 23, 2023}.
Big Data technology serves as a liquid product and a prerequisite for boosting business profitability through individualized customer care and predictive analytics.
It is crucial to ensure the formation of unique data exchanges and legalize a single definition of big data for the modern digital economy.

Data protection and competition law are closely related areas of law that need to be considered when assessing market power dynamics in digital markets such as online advertising markets, where companies have access to vast amounts of user data that can give them an unfair advantage over their competitors if not

Can competition law deal with big data?

In November 2016, the OECD held a hearing discussion on Big Data to explore the implications on competition authorities' work and whether competition law is the appropriate tool for dealing with issues arising from the use Big Data.

How does data affect competition?

Data may impact competition if they provide a competitive advantage to their owners.
If the data are widely available, no undertaking, even a dominant one, would benefit from a competitive advantage thanks to these data because competitors are able to get the same information and efficiency from data as the leading operators of the market.

How is big data changing the competitive landscape?

The combination of big data with technologically advanced tools, such as:

pricing algorithms

is increasingly diffused in everyone’s life today

and this is changing the competitive landscape in which many companies operate and the way in which they make commercial and strategic decisions.

Will big data affect e-commerce 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.

Can competition law deal with big data?

In November 2016, the OECD held a hearing discussion on Big Data to explore the implications on competition authorities' work and whether competition law is the appropriate tool for dealing with issues arising from the use Big Data

How does data affect competition?

Data may impact competition if they provide a competitive advantage to their owners

If the data are widely available, no undertaking, even a dominant one, would benefit from a competitive advantage thanks to these data because competitors are able to get the same information and efficiency from data as the leading operators of the market

Will big data affect e-commerce 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

Competition law and big data

How is big data used in economics?

What is big data in competition law?

Can competition law deal with big data?

How does data affect competition?

How is big data changing the competitive landscape?

Will big data affect e-commerce competition policy?

Can competition law deal with big data?

How does data affect competition?

Will big data affect e-commerce competition policy?