This is the edited transcript of the Competition Lore podcast episode 5, Are the best things in life still free? with Professor Maurice Stucke.
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Professor Maurice Stucke argues that what we all thought was free, is still actually costing us – it’s just not taking our money. Coining that now pervasive aphorism, in the digital world the currency is data and we may well be handing it over without knowing its true value. This is just one of a series of economic, political and social risks associated with the rise of large data-driven business models highlighted by Professor Stucke.
In this episode of Competition Lore, Maurice Stucke explains how our data is powering digital platforms and outlines a regulatory and enforcement agenda for governments and competition authorities to keep a check on their power.
While great care has been taken in the preparation of the transcript, there may be some minor errors.