Competition Law Consequences of Artificial Intelligence

Gönenç Gürkaynak, THE ACADEMIC GIFT BOOK OF ELIG, ATTORNEYS-AT-LAW IN HONOR OF THE 20TH ANNIVERSARY OF COMPETITION LAW PRACTICE IN TURKEY, 289-312 (2018), ISBN: 978-605-315-235-4

34 Pages Posted: 23 May 2018

See all articles by Gonenc Gurkaynak

Gonenc Gurkaynak

ELIG Gürkaynak Attorneys-at-Law

Iskin Naz Altinsoy

ELIG Gürkaynak Attorneys-At-Law

Umay Rona

ELIG Gürkaynak Attorneys-At-Law

Date Written: March 2018

Abstract

Technology, whose etymology derives from Aristotle’s “techne,” (which means “craftsmanship” or “art”) represents one of the most primal instincts and distinctive features of human beings, which is the ability to use tools to increase one’s quality of life. In fact, today we can observe the astonishing growth of the digitalized economy, and the emergence (and rapid adoption) of various novel commercial activities that are enabled by new technologies, such as data collection or multi-sided markets, which have resulted in significant enhancements in total welfare. Following the emergence and rapid development of computer sciences, artificial intelligence has become an increasingly important part of our daily lives. Algorithms will change the competition landscape as we know it by enabling undertakings to improve their pricing models, by helping suppliers to provide better products and services to their consumers, and by predicting market trends to encourage and spur innovation.

Keywords: algorithms, innovation, competition law, antitrust, collusion

JEL Classification: K21, L40, O30

Suggested Citation

Gurkaynak, Gonenc and Altinsoy, Iskin naz and Rona, Umay, Competition Law Consequences of Artificial Intelligence (March 2018). Gönenç Gürkaynak, THE ACADEMIC GIFT BOOK OF ELIG, ATTORNEYS-AT-LAW IN HONOR OF THE 20TH ANNIVERSARY OF COMPETITION LAW PRACTICE IN TURKEY, 289-312 (2018), ISBN: 978-605-315-235-4, Available at SSRN: https://ssrn.com/abstract=3174425

Gonenc Gurkaynak (Contact Author)

ELIG Gürkaynak Attorneys-at-Law ( email )

Çitlenbik Sokak No:12
Yıldız Mahallesi
Istanbul, Beşiktaş 34349
Turkey

Iskin naz Altinsoy

ELIG Gürkaynak Attorneys-At-Law ( email )

Yıldız Mah. Çitlenbik Sk. No:12
İstanbul, 34349
Turkey

Umay Rona

ELIG Gürkaynak Attorneys-At-Law ( email )

Yıldız Mah. Çitlenbik Sk. No:12
İstanbul, 34349
Turkey

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