Opening Internet Monopolies to Competition with Data Sharing Mandates (Q2425)
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Opening Internet Monopolies to Competition with Data Sharing Mandates
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Statements
April 2019
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Introducing data sharing mandates, or requirements for market leaders to share user data with other firms and academia, would have a positive effect on competition.
As data are a key input for artificial intelligence (AI), more widely available information would help spread the benefits of AI through the economy.
On the other hand, data sharing could worsen existing risks to consumer privacy and collective security. Policymakers intending to implement a data sharing mandate should carefully evaluate this tradeoff.
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