Regulators Debate Data's Role in Antitrust as Tech Giants Face Scrutiny
Regulators worldwide are debating how to handle data-rich companies that may hinder competition. Commentators urge them to consider firms' data holdings in antitrust investigations, with tech giants like Microsoft, Amazon, Meta, and Apple under scrutiny.
Regulators already possess tools to tackle harms caused by these companies. However, some argue that focusing solely on data collection could stifle innovation, which policymakers aim to foster.
Joe Kennedy, in a Harvard Business Review article, contends that merely possessing data does not necessarily raise competitive concerns. This perspective challenges the notion that data-rich companies automatically pose a threat to competition.
The debate on regulating data-rich companies continues. While some advocate for considering data holdings in antitrust analyses, others warn against unduly restricting data use to prevent hindering innovation.
