Data Economy (Economie de la donnée)
Author: Frédéric Marty
Access to massive, renewed and diversified data flows is one of the keys to a company’s performance, as it helps train its algorithms. Data companies can potentially achieve significant dominance and extend their activities to related sectors, forming digital ecosystems. The example of banking and insurance illustrates the potential for efficiency and inclusion offered by the near-personalization of offers, as well as the risks this may entail for both competitors and consumers. The aim is therefore to illustrate the potential gains and risks, and to consider the scope of the remedies offered by competition rules in this area.
The text above is translated from the original article written by Frédéric Marty on his Medium blog. Please click on this link to read the full article.
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