Executive summary, by the Secretariat * The 126th meeting of the Competition Committee held a Hearing on 29 November 2016 to discuss Big Data and the challenges of adapting competition policy to the digital economy. Considering the background note prepared by the OECD Secretariat with the support of Professor Maurice Stucke, two written contributions, as well as the discussion by delegates and expert panellists at the Competition Committee, the following key points emerged: 1. Big Data is commonly understood as the use of large scale computing power and technologically advanced software in order to collect, process and analyse data characterised by a large volume, velocity, variety and value. These interdependent characteristics drive both the benefits and potential risks of Big
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The OECD holds roundtable on big data
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