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Algorithmic Antitrust: Economic Analysis of Law in European Legal Scholarship, cartea 12

Editat de Aurelien Portuese
en Limba Engleză Paperback – 23 ian 2023
Algorithms are ubiquitous in our daily lives. They affect the way we shop, interact, and make exchanges on the marketplace. In this regard, algorithms can also shape competition on the marketplace. Companies employ algorithms as technologically innovative tools in an effort to edge out competitors. Antitrust agencies have increasingly recognized the competitive benefits, but also competitive risks that algorithms entail. Over the last few years, many algorithm-driven companies in the digital economy have been investigated, prosecuted and fined, mostly for allegedly unfair algorithm design. Legislative proposals aim at regulating the way algorithms shape competition. Consequently, a so-called “algorithmic antitrust” theory and practice have also emerged. This book provides a more innovation-driven perspective on the way antitrust agencies should approach algorithmic antitrust.  To date, the analysis of algorithmic antitrust has predominantly been shaped by pessimistic approaches to the risks of algorithms on the competitive environment. With the benefit of the lessons learned over the last few years, this book assesses whether these risks have actually materialized and whether antitrust laws need to be adapted accordingly. Effective algorithmic antitrust requires to adequately assess the pro- and anti-competitive effects of algorithms on the basis of concrete evidence and innovation-related concerns. With a particular emphasis on the European perspective, this book brings together experts and scrutinizes on the implications of algorithmic antitrust for regulation and innovation. 
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Specificații

ISBN-13: 9783030858612
ISBN-10: 3030858618
Pagini: 176
Ilustrații: V, 176 p. 2 illus. in color.
Dimensiuni: 155 x 235 mm
Greutate: 0.29 kg
Ediția:1st ed. 2022
Editura: Springer International Publishing
Colecția Springer
Seria Economic Analysis of Law in European Legal Scholarship

Locul publicării:Cham, Switzerland

Cuprins

Prologue: Algorithmic Antitrust – A Primer.- Algorithmic Antitrust – A Critical Overview.- Algorithmic Antitrust and Consumer Choice.- Algorithms, Big Data, and Merger Control.- Reasons to be Cheerful – The Benevolent Market Power of Decentralised Blockchains.- Blockchain Antitrust.- The Technology Innovation Time Gap in European Competition Law: Assessing the European Commission’s Approach.- Epilogue: Algorithmic Antitrust – A Questioning.

Notă biografică

Dr. Aurelien Portuese is Director of The Schumpeter Project at the Information Technology and Innovation Foundation, the world’s leading think tank on science and technology. He is also an Adjunct Professor at the Global Antitrust Institute of George Mason University, and at the Catholic University of Paris.

Textul de pe ultima copertă

Algorithms are ubiquitous in our daily lives. They affect the way we shop, interact, and make exchanges on the marketplace. In this regard, algorithms can also shape competition on the marketplace. Companies employ algorithms as technologically innovative tools in an effort to edge out competitors. Antitrust agencies have increasingly recognized the competitive benefits, but also competitive risks that algorithms entail. Over the last few years, many algorithm-driven companies in the digital economy have been investigated, prosecuted and fined, mostly for allegedly unfair algorithm design. Legislative proposals aim at regulating the way algorithms shape competition. Consequently, a so-called “algorithmic antitrust” theory and practice have also emerged. This book provides a more innovation-driven perspective on the way antitrust agencies should approach algorithmic antitrust.  To date, the analysis of algorithmic antitrust has predominantly been shaped by pessimistic approaches to the risks of algorithms on the competitive environment. With the benefit of the lessons learned over the last few years, this book assesses whether these risks have actually materialized and whether antitrust laws need to be adapted accordingly. Effective algorithmic antitrust requires to adequately assess the pro- and anti-competitive effects of algorithms on the basis of concrete evidence and innovation-related concerns. With a particular emphasis on the European perspective, this book brings together experts and scrutinizes on the implications of algorithmic antitrust for regulation and innovation. 

Caracteristici

Groundbreaking approach to the impact of algorithms on competition Alternative approach to the predominantly pessimistic view of the issue Comprehensive study of the different aspects of enforcing algorithmic antitrust