👓 How regulators can prevent excessive concentration online – A new school in Chicago | The Economist

Read How regulators can prevent excessive concentration online (The Economist)

Conventional antitrust thinking is being disrupted from within

It is not the data that are valuable, he says, but the services powered by them. Some firms are just better at developing new offerings than others. ❧

So big piles of data can become a barrier to competitors entering the market, says Maurice Stucke of the University of Tennessee. ❧

“When feedback data from large players is available to smaller competitors, then innovation…is not concentrated at the top,” he argues in “Reinventing Capitalism in the Age of Big Data”, a new book co-written with Thomas Ramge, a journalist. ❧

This sounds like something which could be worth reading.