How can AI enhance market supervision and integrity?

September 6, 2021September 6, 2021 ~ oecdonthelevel ~ Leave a comment

Digital technologies and data – including Artificial Intelligence (AI) – hold the potential to automate and thus improve the efficiency and effectiveness of regulatory, supervisory and enforcement activities, which have become increasingly complex in recent years. Looking at the most common uses of supervisory technology (SupTech) by competition authorities, securities regulators and anti-corruption agencies to date, the OECD’s Emeline Denis identifies associated benefits, risks and challenges, and outlines considerations for devising adequate SupTech strategies across policy areas

Artificial intelligence in finance: Is machine learning going to dominate the markets?

July 12, 2021July 15, 2021 ~ oecdonthelevel ~ Leave a comment

The deployment of Artificial Intelligence (AI) in the financial sector is bringing both benefits and new or amplified risks. While supporting AI-driven innovation in finance, the OECD’s Iota Nassr looks at some of these risks and the different tools policy makers can use to address them.

Data-driven Platform Envelopment with Privacy-Policy Tying

February 18, 2021February 18, 2021 ~ oecdonthelevel ~ Leave a comment

Digital platforms may absorb competitors through envelopment acquisitions, to build ecosystems. Daniele Condorelli discusses how some recent envelopment attacks may result from the desire to acquire valuable sources of data rather than products to maintain a position of market power.

Jean-Michel Godeffroy on Central Bank Digital Currencies

January 11, 2021January 13, 2021 ~ oecdonthelevel ~ Leave a comment

In this interview by Matthieu Saint-Olive from ConsenSys, Jean-Michel Godeffroy, Director General for 16 years at the European Central Bank, shares his vision for central bank digital currencies

Digital Ecosystems – a New Economic Paradigm?

January 9, 2021February 18, 2021 ~ oecdonthelevel ~ Leave a comment

Competition in the digital economy is increasingly a competition between ecosystems. Hardware and software are integrated, Internet of Things devices connect to online services and a few large tech companies offer a very broad range of services often highly integrated with one another. OECD’s Harry Hong sets the scene for the discussions at the 2021 OECD Competition Open Day.

‘How tech rolls’: Potential competition and ‘reverse’ killer acquisitions

November 27, 2020February 18, 2021 ~ oecdonthelevel ~ Leave a comment

Cristina Caffarra argues that concerns about the impact on potential future competition of mergers between acquisitive platforms and small players are broader than ‘killer acquisitions’; they include ‘reverse killer acquisitions’ as well, in advance of the 2021 OECD Competition Open Day.

The road towards central bank digital currencies

November 21, 2020November 24, 2020 ~ oecdonthelevel ~ Leave a comment

As central banks move towards integrating central bank digital currencies (CBDCs) in national financial systems, Bitt.com’s Simon Chantry focuses on the network effects that may encourage their adoption and use in part two of his two-part series.

Digital credentials and privacy in the time of COVID-19

November 13, 2020November 13, 2020 ~ oecdonthelevel ~ Leave a comment

The COVID-19 pandemic has amplified the debate around how much personal data we want or need to share to contribute to the continued health of our communities. Heather Dahl describes how privacy-preserving digital security technologies can help us to respect public health and safety measures while protecting our privacy.

How can we solve the blockchain conundrum?

October 27, 2020October 27, 2020 ~ oecdonthelevel ~ Leave a comment

Everledger CEO Leanne Kemp discusses the advantages and potential dangers of blockchain and gives her perspective on how the OECD can help ensure the benefits this technology can bring to reach as many people in the world as possible.

Acquisition Killed the Innovation Star?

October 18, 2020February 18, 2021 ~ oecdonthelevel ~ Leave a comment

The acquisition of start-ups by dominant incumbents looking to pre-empt the emergence of rival products - known as “killer acquisitions” – has caused concern and much discussion amongst competition enforcers around the world. OECD’s Chris Pike sets the scene for the at the 2021 OECD Competition Open Day.