I study the relationship between data and market power in a duopoly model of price discrimination with search frictions … firms to visit. In equilibrium, nearly all directed searchers only visit the firm with data, independent of the signal … structure. Thus, even infinitesimally small data advantages can grant a firm market shares close to 1 through directed consumer …

This paper starts with some basic economic characteristics of data that distinguish them from ordinary goods and … services, including non-excludability and non-rivalry, economies of scope in data re-use and aggregation, the social value of … data and their role in generating network effects. It explores how these characteristics contribute to the emergence of …

gestellt. Bereits die Abgrenzung von relevanten Märkten sowie die Bestimmung von Marktmacht und möglichen Machtmissbräuchen …Digital technologies and data-driven business models have led to the emergence of a new generation of global market …. This study relies on a structured literature review to systematically analyze the literature on the platform and data …

Might firms' use of data create market power? To explore this hypothesis, we craft a model in which economies of scale … in data induce a data-rich firm to invest in producing at a lower marginal cost and larger scale. However, the model … uncovers much richer interactions between data, welfare and market power. Data affects risk, firm size and the composition of …