Wednesday, July 04, 2018

Consumer data in online markets

Oxera for Which?, here.

Modernising consumer markets: Consumer Green Paper

UK Gov, here (IMI: I missed it 😊).

Forscher: Android-Apps schicken Screenshots und Videos an Drittfirmen

Heise.de, hier

Government welcomes Lords AI report, vaunts industrial strategy

ComputerWeekly, here

Monopolkommission verteidigt Versandapotheken

FAZ, hier

Ohio v. Amex, Supply Chain Fairness, and the Inadequacy of Antitrust’s Consumer Welfare Standard

R. Woodcock, here

Facebook confirms that it’s acquiring Bloomsbury AI

TechCrunch, here

Data Ownership, Regulation, and Blockchain Dominate Platform Markets

G. Parker, M. Van Alstyne, P. Evans, here

COMPETITION WITHOUT COMPETITORS? A RESEARCH AGENDA FOR BIG TECH

N. Petit, Presentation here

Algorithms, Machine Learning, and Collusion

U. Schwalbe, here

Global Market Power

J. De Loecker, J. Eeckhout, here

Legal row between retailers and card processors faces fresh delay

FT, here

Tuesday, July 03, 2018

The Supreme Court just quietly gutted antitrust law

L. Khan, here.

Android Fine May Come in Mid-July as EU Dances Around Trump Trip

Bloomberg, here.

The Regulatory Compass: Towards a purpose-driven approach to financial regulation’

The Finance Innovation Lab, here.

UBS testet digitale Assistenten in der Vermögensverwaltung

FAZ, hier.

FCA welcomes firms working on crypto-assets to latest sandbox cohort

FinExtra, here

Report on the impact of Fintech on incumbent credit institutions' business models

EBA, here

Report on prudential risks and opportunities arising for institutions from FinTech

EBA, here

AT&T promised lower prices after Time Warner merger—it’s raising them instead

ArsTechnica, here.

Statement of FTC Chairman Joe Simons Regarding Federal Court Ruling in FTC v. AbbVie

FTC, here.
Ruling here.

Amazon Ran an die Pille

SZ, hier.

IPG Confirms $2.3 Billion Deal to Acquire Data Marketing Company Acxiom

AdWeek, here.

Stand und Entwicklung der Unternehmenskonzentration in Deutschland

Monopolkommission, hier.

Algorithmen und Kollusion

Monopolkommission, hier.

Big Business Keeps Winning at the Supreme Court

The Atlantic, here

Facebook Faces Broadened Federal Investigations Over Data and Privacy

NYTimes, here

The Paradox of Technological Déjà Vu

Digitopoly, here

La idea de misión

M. Mazzucato, aquì.

ÉCONOMIE AUGMENTÉE. NOUVELLES PERSPECTIVES.

Autorit de la concurrence, ici. 

Tech for TechLawyers: The Hardware

N. Brown, Video here

Jack Ma Embraces Blockchain for Ant But Warns of Bitcoin Bubble

Bloomberg, here

Festrede Andreas Mundt zur 53. Theodor Heuss Preisverleihung

Hier. 

Platforms and personal data processing : the potential for achieving systemic transparency

P.-O. Dehaye, I. Hahn, G. Jargalsaikhan, here.  J
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The state of the Internet in France

Arcep, here

Políticas de competencia para una economía digital: el marco regulatorio e institucional y el contexto internacional

G. Núñez, J. De Furquim, M. Pereira, here

A Nobel-winning economist’s guide to taming tech monopolies

Quartz, here

CMA launches enforcement action against hotel booking sites

CMA, here

Data in the payments industry

PSR, Discussion paper, here

How the Disney-Fox Deal Got DOJ’s Greenlight Quicker Than Expected

Variety, here

With Amex Ruling, Modern IO Theory Makes Important Inroads with SCOTUS

R. Picker, here

The future of banking is open

PWC, ODI, here

Big tech companies are looking at Hollywood as the next stage in their play for the cloud

TechCrunch, here

The seven-year legal fight between Apple and Samsung over smartphone patents has ended with a whimper

NYTimes, here

"Open Banking is a revolution for the whole industry"

J. Basini, here

The Effect of Institutional Ownership Types On Innovation and Competition

P. Borochin, J. Yang, R. Zhang, here

Your Phone Is Listening—Literally Listening—to Your TV

K. Waddell, here

The internet: to regulate or not to regulate?

UK Parliament, Witnesses here

When the Econometrician Shrugged: Identifying and Plugging Gaps in the Consumer Welfare Standard

K. Caves, H. Singer, here

The 17 years since the Microsoft antitrust case taught us that regulation can spur innovation

Quartz, here

The German cement cartel – a landmark decision for private damages actions

CoRe Blog, here

Wettbewerbshüter warnen vor automatisierten Preisabsprachen

WiWo, hier

Facebook offers fresh detail about its ties to dozens of outside companies in more than 700 pages of new data turned over to Congress

Washington Post, here

Artificial Intelligence and the 'Good Society': The US, EU, and UK Approach

C. Cath et al., here

The State of Artificial Intelligence in 2018: A Good Old Fashioned Report

N. Benaich, I. Hogarth, here

Young generation tempted by Amazon bank-like services

Computerweekly, here

Government response to House of Lords Artificial Intelligence Select Committee’s Report on AI in the UK: Ready, Willing and Able?

UK Gov, here

Gütekriterien für algorithmische Prozesse

N. Rohde, hier

Companies under strain from GDPR requests

FT, here

How regulators can prevent excessive concentration online

The Economist, here and here.

Can Technology Be Stopped?

BBC Radio 4, Podcast here

Oracle to locate European fintech hub in Brussels

FinExtra, here

Before “After Consumer Welfare” -- A Response To Professor Wu

D. Melamed, N. Petit, here

Thursday, June 28, 2018

Line to launch cryptocurrency exchange in Singapore

FT, here

The first "known" financial technology

Morgan Museum, NYC


(Small) Variations on a Theme: This blog's author Lund Presentation on "FinTech, TechFin, Competitive Markets: What Could Possibly Go Wrong?", here

Friday, June 22, 2018

FinTech,TechFin, Competitive Markets: What Could Possibly Go Wrong?

S. Vezzoso (this blog’s author), presentation here. Please email me if you have any comment.

Tuesday, June 19, 2018

Opinion of the European Banking Authority on the implementation of the RTS on SCA and CSC

EBA, here.
"In the event that the ASPSP does not have a system that enables it to adequately respond to the confirmation request sent by the provider initiating the payment, then the ASPSP should give PISPs the possibility of accessing the necessary data themselves, so as to allow them to make their own judgements on the sufficient availability of funds."

"Given that PSD2 does not limit the types of payment transactions a PISP is allowed to offer, and given the provisions in Articles 4(15) and 66(1) of PSD2 in particular, the EBA would like to clarify that a PISP has the right to initiate the same transactions that the ASPSP offers to its own PSUs, such as instant payments, batch payments, international payments, recurring transactions, payments set by national schemes and future-dated payments."

“ TECHNOPOLY” and what to do about it: Reform, Redress and Regulation

ResPublica, here

The regulatory mistakes that let Facebook and Google buy ad dominance

Axios, here

Super Platforms, Big Data, and the Competition Law: The Japanese Approach in Contrast with the US and the EU

T. Takigawa, here

Lessons from the Recent Commission’s Decision on Google. To Favour Oneself or Not, That is the Question

B. Mäihäniemi, here

Virtual Competition

N. Colombo, here

The Sound and Fury of Patent Activity

R. Feldman, M. Lemley, here

Amazon—An Infrastructure Service and Its Challenge to Current Antitrust Law

L. Khan, here (pp. 99 ff.), here

Digital Dominance

Edited by Martin Moore and Damian Tambini, here

‘Direct’ and ‘indirect’ effects of enforcement

DotEcon for CMA, here

No Fair Hearing for the DoJ in the AT&T-Time Warner Decision

C. Sagers, here

Data Nationalization in the Shadow of Social Credit Systems

F. Pasquale, here

Report on Competition Policy 2017

EC, here

Projet conjoint sur les algorithmes et leurs enjeux pour l'application du droit de la concurrence

Autorité de la concurrence, Bundeskartellamt, ici