The economics of the German investigation of Facebook’s data collection
The importance of digital platforms and related data-driven business models is ever increasing and poses challenges to the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to such...
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| Format: | Article |
| Language: | English |
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Universidade Católica Editora
2021-04-01
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| Series: | Market and Competition Law Review |
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| Online Access: | https://revistas.ucp.pt/index.php/mclawreview/article/view/10008 |
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| _version_ | 1841563922881052672 |
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| author | Oliver Budzinski Marina Grusevaja Victoriia Noskova |
| author_facet | Oliver Budzinski Marina Grusevaja Victoriia Noskova |
| author_sort | Oliver Budzinski |
| collection | DOAJ |
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The importance of digital platforms and related data-driven business models is ever increasing and poses challenges to the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to such challenges, investigations of such markets are of high interest. One of the recent cases is the investigation of Facebook’s data collection practices by German competition authorities. Our article, in contrast to the wide stream of legal studies on this case, aims to analyse whether Facebook’s practices regarding data collection could constitute an abuse of market power from an economic perspective, more specifically against the background of modern data economics. In doing so we summarise the state of the advanced theories, including influences from behavioural economics addressing such markets, and discuss four potential theories of harm.
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| format | Article |
| id | doaj-art-80864b70ab2e44a996384f16db40bbbb |
| institution | Kabale University |
| issn | 2184-0008 |
| language | English |
| publishDate | 2021-04-01 |
| publisher | Universidade Católica Editora |
| record_format | Article |
| series | Market and Competition Law Review |
| spelling | doaj-art-80864b70ab2e44a996384f16db40bbbb2025-01-02T23:23:27ZengUniversidade Católica EditoraMarket and Competition Law Review2184-00082021-04-015110.34632/mclawreview.2021.10008The economics of the German investigation of Facebook’s data collectionOliver Budzinski0Marina Grusevaja1Victoriia Noskova2Ilmenau University of TechnologyUniversity of Applied ScienceIlmenau University of Technology The importance of digital platforms and related data-driven business models is ever increasing and poses challenges to the workability of competition in the respective markets (tendencies towards dominant platforms, paying-with-data instead of traditional money, privacy concerns, etc.). Due to such challenges, investigations of such markets are of high interest. One of the recent cases is the investigation of Facebook’s data collection practices by German competition authorities. Our article, in contrast to the wide stream of legal studies on this case, aims to analyse whether Facebook’s practices regarding data collection could constitute an abuse of market power from an economic perspective, more specifically against the background of modern data economics. In doing so we summarise the state of the advanced theories, including influences from behavioural economics addressing such markets, and discuss four potential theories of harm. https://revistas.ucp.pt/index.php/mclawreview/article/view/10008Data economicsBig dataEconomics of privacyPaying-with-dataAbuse of dominance |
| spellingShingle | Oliver Budzinski Marina Grusevaja Victoriia Noskova The economics of the German investigation of Facebook’s data collection Market and Competition Law Review Data economics Big data Economics of privacy Paying-with-data Abuse of dominance |
| title | The economics of the German investigation of Facebook’s data collection |
| title_full | The economics of the German investigation of Facebook’s data collection |
| title_fullStr | The economics of the German investigation of Facebook’s data collection |
| title_full_unstemmed | The economics of the German investigation of Facebook’s data collection |
| title_short | The economics of the German investigation of Facebook’s data collection |
| title_sort | economics of the german investigation of facebook s data collection |
| topic | Data economics Big data Economics of privacy Paying-with-data Abuse of dominance |
| url | https://revistas.ucp.pt/index.php/mclawreview/article/view/10008 |
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