US tech firms will be at the core of intra-EU quarrels

2016 ◽  
Keyword(s):  
European Commission ◽  
Data Protection ◽  
Business Models ◽  
Content Type ◽  
Eu Policy ◽  
The Core ◽  
The Past ◽  
Internet Economy ◽  
The Us ◽  
European Regulatory

Subject EU/US tensions on internet economy Significance Over the past few weeks, the European Commission has proposed a series of reforms to facilitate the growth of the digital economy, resisting calls for greater regulation of the sector and the US internet companies that dominate key segments of it. Yet those companies have also been the target of some national authorities who seek to limit the disruption of incumbent business models. Impacts US companies are likely to redouble their efforts to lobby national and European authorities for a lighter European regulatory framework. Differences are likely to persist on core principles, particularly around data protection and privacy. EU policy is shifting towards creating an environment that will foster the emergence of EU companies that can compete with US tech giants.

scholarly journals The Low Cost Carrier Revolution Continues: Evidence From The US Airline Industry

2011 ◽  
Vol 10 (1) ◽  
pp. 37
Author(s):  
Bogdan Daraban
Keyword(s):  
Airline Industry ◽  
Business Models ◽  
Low Cost ◽  
Font Size ◽  
The Core ◽  
The Past ◽  
Considerable Cost ◽  
The Us ◽  
Low Cost Carrier ◽  
Competing Models

<span style="font-family: Times New Roman; font-size: small;"> </span><p style="margin: 0in 0.5in 0pt; text-align: justify; mso-pagination: none; tab-stops: 6.0in; mso-layout-grid-align: none;" class="MsoNormal"><span style="font-family: Times New Roman;"><span style="color: black; font-size: 10pt; mso-themecolor: text1; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin;">Over the past twenty years the US airline industry has been marked by the intense competition between the Low-Cost Carriers (LCCs) and the Full-Service Carrier (FSCs). The fundamental differences between the two business models are reflected in considerable cost advantages of the LCCs. In this paper, I use a set of model specific metrics to investigate whether the competitive process has led to convergence in some of the key features of the competing models. I conclude that despite some evidence of convergence along certain dimensions, the LCCs </span><span style="color: black; font-size: 10pt; mso-themecolor: text1;">are not ready to abandon the core LCC model.</span><span style="color: black; font-size: 10pt; mso-themecolor: text1; mso-fareast-font-family: Calibri; mso-bidi-font-style: italic; mso-fareast-theme-font: minor-latin;"></span></span></p><span style="font-family: Times New Roman; font-size: small;"> </span>

Datenbasierte Marktmacht in der europäischen Fusionskontrolle

2021 ◽  
Author(s):  
Julian Heim
Keyword(s):  
Artificial Intelligence ◽  
Market Power ◽  
Data Protection ◽  
Business Models ◽  
Antitrust Law ◽  
Competitive Effects ◽  
The Core ◽  
Technical Developments ◽  
Access To Data

Data is the core of Internet-based business models. Ever since Facebook took over WhatsApp, European antitrust law has been faced with the question of how to deal with mergers, especially those involving the well-known Internet giants ("FANG"). Under what circumstances can market power be based as a prohibition criterion on the possession of and access to data? What competitive effects of data-based market power are to be feared in horizontal, vertical and conglomerate mergers? How can any commitments remedy this form of market power? The work takes into account technical developments such as artificial intelligence as well as data protection aspects.

The EU Response to Criminal Misuse of Cryptocurrencies: The Young, already Outdated 5th Anti-Money Laundering Directive

2020 ◽  
Vol 28 (3) ◽  
pp. 217-251
Author(s):  
Valentina Covolo
Keyword(s):  
Money Laundering ◽  
Business Models ◽  
International Standards ◽  
Present Contribution ◽  
The Core ◽  
Cross Border ◽  
The Us ◽  
New Business ◽  
New Business Models ◽  
The Eu

Abstract Combatting criminal misuse of cryptocurrencies was at the core of the fatf agenda under the US Presidency, culminating in June 2019 with the thorough extension of international standards against money laundering over virtual assets’ markets. This echoed the first legislative measure regulating virtual currencies adopted by the EU a year before. Directive 2018/843, better known as the 5th Anti-Money Laundering Directive, fails however to address key technological breakthroughs and new business models, which continuously make the ever-growing and fast-paced crypto economy evolve. Against this background, the present contribution investigates shortfalls and challenges that lay ahead in the light of the new fatf Recommendations. It ultimately argues that the preventive anti-money laundering measures cannot dispense with the establishment of a cross-border integrated supervisory and enforcement system.

On dialectics in theorizing: the contingent nature of organizational learning

2020 ◽  
Vol 28 (4) ◽  
pp. 957-968
Author(s):  
Norman Meisinger
Keyword(s):  
Organizational Learning ◽  
Design Methodology ◽  
Content Type ◽  
The Core ◽  
The Past ◽  
Conceptual Study

Purpose During the past decades, numerous contributions to organizational learning have emerged. However, these theories are plagued by the same paradoxical core that prevents organizational learning from being unambiguously determined or stably located throughout the entire organization and its individuals. The purpose of this paper is to understand how researchers approach this issue. Design/methodology/approach Through a meta-lens, this conceptual study observes how researchers are taming the paradox of organizational learning, referring exclusively to the theories that deal with its inherent paradox. Findings The author distinguishes fundamentally different theorizing strategies. Therefore, the paper aims not to sharpen the elusive and fuzzy nature of organizational learning but to sharpen the elusive understanding that its nature is fuzzy. As a consequence, the study further emphasizes how challenging an instrumental use of the academic construct of organizational learning for practicing managers outside research laboratories is. Originality/value The paper contributes (first) to the core understanding of the inherently conflicting construct of organizational learning by (second) uncovering the dialectics of the theories concerning it – the former only becomes feasible as a result of the latter.

Textual analysis for China’s financial markets: a review and discussion

2019 ◽  
Vol 10 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Alan Huang ◽  
Wenfeng Wu ◽  
Tong Yu
Keyword(s):  
Financial Markets ◽  
Sentiment Analysis ◽  
Textual Analysis ◽  
Small Sample ◽  
Textual Information ◽  
Content Type ◽  
Survey Paper ◽  
The Past ◽  
The Us ◽  
Important Field

Purpose This is a literature survey paper. The purpose of this paper is to focus on the latest developments in textual analysis on China’s financial markets, highlighting its differences from existing works in the US markets. Design/methodology/approach The authors review the literature and carry out an experiment of sentiment analysis based on a small sample of Chinese news articles. Findings Based on the experiment of sentiment analysis, there is limited evidence on the association between sentiment and other contemporaneous or future returns. Originality/value The supply of financial textual information has grown exponentially in the past decades. Technological advancements in recent years make the programming-based analysis an effective tool to digest such information. The authors highlight the use of credible textual information and discuss directions of research in this important field.

The ethics of “smart” advertising and regulatory initiatives in the consumer intelligence industry

Info ◽  
2014 ◽  
Vol 16 (3) ◽  
pp. 22-39 ◽  
Author(s):  
Rachel L. Finn ◽  
Kush Wadhwa
Keyword(s):  
Data Protection ◽  
Ethical Issues ◽  
Mobile Media ◽  
Media Environment ◽  
Content Type ◽  
General Data Protection Regulation ◽  
Smart Surveillance ◽  
The Us ◽  
General Data ◽  
Consumer Intelligence

Purpose – This paper aims to study the ethics of “smart” advertising and regulatory initiatives in the consumer intelligence industry. Increasingly, online behavioural advertising strategies, especially in the mobile media environment, are being integrated with other existing and emerging technologies to create new techniques based on “smart” surveillance practices. These “smart” surveillance practices have ethical impacts including identifiability, inequality, a chilling effect, the objectification, exploitation and manipulation of consumers as well as information asymmetries. This article examines three regulatory initiatives – privacy-by-design considerations, the proposed General Data Protection Regulation of the EU and the US Do-Not-Track Online Act of 2013 – that have sought to address the privacy and data protection issues associated with these practices. Design/methodology/approach – The authors performed a critical literature review of academic, grey and journalistic publications surrounding behavioural advertising to identify the capabilities of existing and emerging advertising practices and their potential ethical impacts. This information was used to explore how well-proposed regulatory mechanisms might address current and emerging ethical and privacy issues in the emerging mobile media environment. Findings – The article concludes that all three regulatory initiatives fall short of providing adequate consumer and citizen protection in relation to online behavioural advertising as well as “smart” advertising. Originality/value – The article demonstrates that existing and proposed regulatory initiatives need to be amended to provide adequate citizen protection and describes how a focus on privacy and data protection does not address all of the ethical issues raised.

Adherence in psychiatry

2010 ◽  
Vol 27 (1) ◽  
pp. i-vii
Author(s):  
Richard Duffy ◽  
Brendan D Kelly
Keyword(s):  
Public Health ◽  
Political Party ◽  
Healthcare Costs ◽  
Societal Cost ◽  
The Core ◽  
The Past ◽  
The Us ◽  
Core Issue ◽  
Consistent Support ◽  
Do So

The word ‘adherence’ refers to the provision of consistent support (eg. for a political party or religion) or the act of holding particular elements together (eg. in constructing a building). In the medical context, adherence refers to the extent to which patients take their medications as prescribed. While the terminology related to medical adherence has changed significantly over the past two millennia, the core issue has not. Most recently, the term ‘adherence’ has replaced the term ‘compliance’, although it still jostles with ‘concordance’ in a growing literature which focuses now, as always, on one key question: why do so many people seek treatment for illness but then decide not to take their prescribed medication? This is an important question, both in terms of public health and societal cost: in the US, up to 50% of patients do not take their prescribed medications, resulting in additional healthcare costs of $290 billion per year. The greatest cost of non-adherence, however, relates to prolonged illness, increased rates of relapse and reduced wellness.

scholarly journals The university press: trends, initiatives and collaborations over the past several years

2014 ◽  
Vol 33 (3) ◽  
pp. 73-80 ◽  
Author(s):  
Clayton Hayes ◽  
Robert P. Holley
Keyword(s):  
Business Models ◽  
Scholarly Communication ◽  
Resource Scarcity ◽  
Content Type ◽  
Fiscal Constraints ◽  
The Past ◽  
Current Trends ◽  
Recent Trends ◽  
The University ◽  
Scholarly Communication System

Purpose – The purpose of this paper is to examine recent trends that have affected university presses (UPs). The increased reliance on digital resources and fiscal constraints within higher education has forced UPs to re-evaluate their position with the scholarly communication system. Responses include an increased focus on partnerships, new forms of publication, changing business models and better meeting customers’ needs. Design/methodology/approach – The authors have reviewed publications on UPs from the past five years and added their viewpoints on current and future trends. Findings – UPs must adapt to resource scarcity and current trends in scholarly communication to remain viable. Practical implications – Both UPs and academic libraries may gain insights on how to meet the needs of researchers and scholars within a changing environment. Originality/value – This paper summarizes and evaluates a broad spectrum of research on UPs.

Political pressure on Turkey's Central Bank will go on

2015 ◽  
Keyword(s):  
Interest Rates ◽  
Sharp Decline ◽  
Content Type ◽  
Balance Sheets ◽  
The Past ◽  
Consumer Prices ◽  
Highly Sensitive ◽  
The Us ◽  
External Sources ◽  
Run Up

Significance The CBRT is expected to respond at its regular monthly interest rate-setting meeting to the fall in inflation in January to 7.2%. However, while the nearly 50% slide in oil prices since last June has led to a sharp decline in headline consumer prices, core inflation has been hovering near 9% for the last four months -- significantly above the CBRT's 5% inflation target. Just as importantly, Turkey's currency has fallen to a record low against the dollar, losing 7% over the past month because of the increasing politicisation of Turkish monetary policy and mounting expectations that the US Federal Reserve (Fed) will begin hiking interest rates as early as June, putting Turkish assets under renewed strain. Impacts CBRT independence is becoming one of the main focal points for market concern about emerging markets. Heavy reliance on external sources of finance will leave Turkey highly sensitive to resurgent dollar and increased US Treasury yields. Renewed lira weakness is likely to persist in the run-up to elections in June, which could also coincide with rising US interest rates. That would put further pressure on the balance sheets of Turkey's heavily indebted corporate sector.

US energy high-yield bonds spur default risk

2015 ◽  
Keyword(s):  
Interest Rates ◽  
Default Risk ◽  
Oil Price ◽  
High Yield ◽  
Content Type ◽  
The Past ◽  
The Us ◽  
Low Interest Rates ◽  
Investment Grade ◽  
Energy Companies

Subject Impact of the oil price drop on energy high-yield bonds. Significance The over 50% oil price drop since June 2014 is hitting bonds issued by energy companies, particularly those issued by sub-investment grade corporates. The US high-yield bond market has been growing rapidly over the past five years. The shale boom has generated considerable investment, mainly funded through the issuance of these bonds which benefit from historically low interest rates. As the oil price has plunged, the spread over Treasury yields paid by the average issuer in the energy subsector has more than doubled between July and the December 2014 peak. Impacts Yields currently offered by the energy subsector are not far from pricing in a default scenario. Persistently low oil prices will further darken the outlook for the energy subsector and the high-yield market generally. A possible default cycle in the energy sector could accelerate outflows, overstretching the sector further.

Sign in / Sign up

Export Citation Format

Share Document