06/12/2019 : Data Economy: Data Brokers and Competition


Wednesday, the 12 June, 2019, 16h (4:00 pm)
Auditorium B 310
IMT - Télécom ParisTech - 46, rue Barrault, Paris 13 (France)

Registration at 15h30 (3:30 pm)


The data economy is driven by consumer information, what analysts have called ’the new oil’ of the twenty first century. In a race to information dominance, companies operating in the digital economy also acquire information from data brokers that gather information about millions of people. Data brokers collect all sorts of information on consumers from publicly available online and offline sources (such as names, addresses, revenues, loan default information, and registers). They are major actors in the data economy, as more than 4000 data brokers operate in a market valued around USD 156 billion per year. Data brokers therefore possess considerable amount of information that they can sell to help firms learn more about their customers to better target ads, tailor services, or price discriminate consumers. Competition between firms is thus influenced by how much consumer information firms can acquire from data brokers.

The International workshop on the data economy will focus on data brokers’ strategies and their impact on markets. Issues related to data collection and competition will be discussed.


  • 15h30 (3:30 pm): Registration
  • 16h00 (4:00 pm): Introduction
  • 16h15-17h00 (4:15-5:00 pm): Patrick Waelbroeck (Telecom ParisTech), Collecting and Selling Personal Information: The Two faces of Data Brokers
  • 17h00-17h45 (5:00-5:45 pm): Heli Koski (ETLA),How Do Competition Policy and Data Brokers Shape Product Market Competition? (Title TBC)
  • 17h45-18h15 (5:45-6:15): Discussion
  • 18h30 (6:00 pm): Cocktail

All presentations will be in English. Registration is free but required with the form at the end of this page.

  • Patrick Waelbroeck

Mr. Patrick Waelbroeck earned a PhD in economics from the University of Paris 1 Panthéon-Sorbonne. He also holds a master degree from Yale University for which he obtained a Fulbright scholarship. His research and teaching focus on the economics of innovation, the economics of intellectual property, Internet economics and the economics of personal data. Patrick Waelbroeck is a member of the editorial board of the Journal of Cultural Economics. He is a member of the board of the international association European Policy for Intellectual Property. He was president of the association during 2013-2014. He is also a founding member of the Chair "Valeurs et Politiques des Informations Personnelles" (Institut Mines-Télécom) that addresses legal, economic, technical and philosophical issues related to personal data. He is a member of the CESIfo network. He teaches econometrics, Internet economics and economics of personal data at the graduate level.

Twitter: @PWaelbro

  • Heli Koski

Mrs. Heli Koski is affiliated with Aalto University as the research director responsible for the strategic research programme "Disruptive Technologies and Changing Institutions" of the Academy of Finland. She is also affiliated with ETLA, the Research Institute of the Finnish Economy, as the head of the unit of “Competition, innovation and productivity” research programme. Her previous affiliations include Helsinki School of Economics and the London School of Economics. She has published articles in various books and journals such as Research Policy, Review of Industrial Organization, and Journal of Industry, Competition and Trade. Her current research concentrates into the economic analysis of innovation, competition, and business strategies, the roles of data and knowledge in the economy, and related technology policy questions.

Twitter: @EtlaNews


Registration to the Data Economy Conference - June 12, 2019


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