Competition Law and 'Big Data': What Does It Mean for Data to Be 'Big'?
Free Public Lecture
Woodward Centre Conference Room, Level 10
Melbourne Law School
185 Pelham Street
Competition enforcement authorities around the world are paying increasing attention to large providers of internet-based services. In particular, these authorities are focusing on the potential challenges posed by big data, an approach that would focus less on these companies’ positions in the markets in which they provide services to consumers and more on the amount of consumer information they are able to obtain and control.
Unfortunately, 'big data' is often used simply as a buzzword without any nuance or analysis. This lecture will provide greater insight into what it means for data to be 'big' by providing an overview of how predictive analytics uses data, surveying the empirical literature on scale economies in data, and examining the importance of attributes of data other than size. It will explore the impact of how different business models use data as well as the key analytical steps needed to determine the relationship between big data and consumer welfare.
Professor Christopher Yoo, John H. Chestnut Professor of Law, Communication, and Computer & Information Science and the Founding Director of the Center for Technology, Innovation and Competition
Professor Christopher Yoo
John H. Chestnut Professor of Law, Communication, and Computer & Information Science and the Founding Director of the Center for Technology, Innovation and Competition
University of Pennsylvania
Christopher S. Yoo is the John H. Chestnut Professor of Law, Communication, and Computer & Information Science and the Founding Director of the Center for Technology, Innovation and Competition at the University of Pennsylvania. He is the author of five books and over one hundred scholarly articles and has taught at over a dozen universities around the world. His major research projects include comparing due process in antitrust enforcement practices in China, Europe, and the U.S.; analyzing these jurisdictions’ responses to big data; assessing antitrust liability for hightech platforms; and analyzing the technical determinants of optimal interoperability. He has also created innovative joint degree programs designed to produce a new generation of professionals with advanced training in both law and engineering. Professor Yoo received his A.B. from Harvard University, his M.B.A. from UCLA, and his J.D. from Northwestern University. Before entering the academy, Professor Yoo clerked for Justice Anthony M. Kennedy of the Supreme Court of the United States and practiced law with the predecessor firm to Hogan Lovells under the supervision of nowChief Justice John G. Roberts, Jr. He is frequently called to testify before the U.S. Congress, U.S. Federal Trade Commission, U.S. Justice Department Antitrust Division, U.S. Federal Communications Commission, foreign governments, and international organizations. He is currently serving as a member of the Federal Communication Commission’s Broadband Deployment Advisory Committee, the Board of Advisers for the American Law Institute’s Project on Principles of Law for Data Privacy, and the joint European Law InstituteAmerican Law Institute project on Principles for a Data Economy.