Maurice Stucke and Allen Grunes
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.