Nicolas KredelDr Nicolas Kredel chairs Baker McKenzie’s Global Future Mobility Group and EMEA Antitrust & Competition Practice. He has more than 15 years’ experience advising on antitrust and competition law, and routinely helps clients navigate global merger control projects and multinational cartel proceedings, particularly in the automotive and telecommunications sectors. An expert in his field, Nicolas is recommended by directories including Legal500, GCR, Chambers and WWL. He has been awarded the ILO Client Choice Award three times, in 2016, 2018 and 2020.
How to avoid antitrust risks when developing a profitable data monetization strategy
Data is the new currency driving economic benefit for the mobility sector. Though at a fundamental level data monetization means selling rights in data to a third party, it can do much more in enabling the creation of new services and revenue streams. In striving to grow market share, working with outside partners and competitors (e.g. via data pooling or licensing agreements) can expose a company to antitrust and merger control risks. Also, the decision to grant or refuse data access has to balance the rules of tightening antitrust regimes and data privacy and cybersecurity concerns. Globally, antitrust and regulatory regimes on data in the mobility sector are developing, but still inconsistently. This presentation will provide legal guidance from North America, China and Europe on how companies can mitigate antitrust risks when developing a profitable new data monetization strategy.