Technology & Competition laws: A conversation with Dr Stephen King
Technology & Competition laws: A conversation with Dr Stephen King
Lewis, Andrew (andlewis). "If you are not paying for it, you're not the customer; you're the product being sold." 13 Sep. 2010, 6:01 a.m., Tweet twitter.com/andlewis/status/
There is little doubt that consumers have benefited from zero price services from the likes of Facebook, Google and even Visa and Mastercard. But is there such a thing as a free emoji? In this podcast Dr. Stephen King explains the two-sided nature of the markets in which these companies compete. He also discusses how economists have grappled with the complexity of these markets in problems ranging from the misuse of market power to ownership of personalised data.
Update: The Productivity Commission's Data Availability and Use Inquiry was released in 2017, the year that this podcast was recorded. The Inquiry's final report can be found here: http://www.pc.gov.au/
Disclaimer: The views and opinions expressed in this podcast are those of the podcast hosts only and do not reflect the views of their employers nor do they represent the views of the Economic Society of Australia.
Image: Photo by William Hook on Unsplash https://unsplash.com/photos/
