UTEcon hosted a webinar titled “Data Innovation and Competition” on December 9, 2021.

UTokyo Economic Consulting Inc. hosted a webinar titled “Data Innovation and Competition” on Thursday, December 9, 2021.It was a lively webinar with many participants. We would like to thank all the participants and the speakers.

The video of the webinar can be viewed here.(YouTube)

The following are some of the comments we received through a survey of webinar participants.
“There was a comprehensive coverage of topics, and I found it to be quite informative.”
“I was impressed by the fact that policymakers openly communicate with firms during the formation of rules and regulations to maximize the effectiveness of governance. I think this kind of governance would play a positive role as Japan tries to break through its current stagnation.”

In his keynote speech, Mr. Shuichi Sugahisa, Director General of the Japan Fair Trade Commission (JFTC), spoke on the theme of “JFTC’s recent activities for the digital sector” introducing the JFTC’s market surveys, recent enforcement action in the digital field, and other activities.

Next, Dr. Ginger Jin, Professor at the University of Maryland and former Director of the Bureau of Economics at the U.S. Federal Trade Commission, gave a presentation on “Lessons from data regulations: The implications of GDPR on businesses”. Mr. Hiroki Habuka, Deputy Director for Global Digital Governance at the Ministry of Economy, Trade and Industry (METI), gave a presentation on “Agile Governance: A framework to boost Data Innovation”. Dr. Kensuke Kubo, UTEcon’s Chief Economist and Associate Professor at Keio University, gave a presentation on “The role of data in the retail industry: An economic assessment” based on a report recently released by UTEcon.

The panel discussion was moderated by Dr. Yasutora Watanabe, Director of UTEcon and Professor of the University of Tokyo, with Dr. Jin Ginger, Mr. Hiroki Habuka, and Dr. Kensuke Kubo as panelists. The discussion was held under the topic of “Our challenges for social implementation of data innovation and competition”. The panelists discussed the role of data in business and various issues related to policy-making in the digital era.

UTEcon’s report, “The Role of Data in the Retail Industry: An Evaluation from an Economic Perspective,” can be found at the following link