by Rideg Gergely Artificial intelligence is a very exciting phenomenon of the 21st century. Mysticism and reality surround this digitization monster, which devours data, also known as the gold of our time, like a legendary beast. The legislator tries to provide…
Agriculture 4.0 – ’Produce more with less’
by Vivien Doszpot-Szútor Agriculture faces four main challenges in the future: demographic growth, scarcity of natural sources, climate change and food waste.[1] In order to solve the emerging problems, it will be necessary to introduce innovations. The latest trend that points in…
Pricing Algorithms and Competitive Concerns
by Fatma Ceren Morbel Recent technological advancements have enabled companies to collect and utilize data in order to improve their profitability. Globally, algorithmic pricing has become an integral part of market operations. Although pricing algorithms have several advantages, they are also…
Energy saving – Is it feasible to nudge Hungarians to reduce their energy consumption by telling them how much energy they are consuming compared to their neighbors?
Behavior economics suggests that some behavioral interventions have promising results in achieving socially desirable goals. According to Congdon et al., we do care about others to some extent, and we are also concerned about what others think of us and our choices. Thus, we…
Advocate General’s Opinion on the case “Meta Platforms and Others”
by Fatma Ceren Morbel After Meta’s new conditions imposed on its users which put users into a “take it or leave it” situation, in 2016 the German Federal Cartel Office initiated an investigation against Meta Platforms (formerly Facebook). As a result…
CLIMATE CHANGE AND AI: THE DOWNSIDES
This blog post was inspired by the Center on Foreign Relations’ post“Artificial Intelligence’s Environmental Costs and Promise” AI (artificial intelligence) has traditionally been viewed as both beneficial and detrimental to human development, according to the Center on Foreign Relations. AI is often portrayed…
Effect on Trade between Member States: An element of competition procedure to be proved beyond any reasonable doubt or a notion to establish the applicable law?
The answer to the question posed in the title seems evident, if one looks at the function of the effect on trade between Member States within the framework of EU competition law. Simply put, and this is the essence of the…