1. Good opportunity to look at the SWIFT network and its many links to the history of technology, EU competition law, EU data protection law, and EU foreign policy, sanctions policy, and strategic autonomy @thomasphi2@competitionprof#antitrust
2. SWIFT is an interbank messaging system. It was designed in 1973 to replace telex messages for money transfers. SWIFT defines itself as "closest to a telecom or technology company" and "a neutral utility with a global systemic character"
Dec 19, 2019 • 10 tweets • 3 min read
A thread on this interesting piece by Hagiu & Wright on the data advantage. hbr.org/2020/01/when-d…@theplatformguy#bigdata#antitrust 1/10
The piece makes 2 key points: (1) there is a data advantage only under some conditions & (2) the data-enabled network effect is less powerful than the standard network effect 2/10
