Regulate development, use and control of algorithms

  • Pranjal Hegde profile
    Pranjal Hegde
    20 January 2017 - updated 4 years ago
    Total votes: 0

Deloitte believes there is a strong need to elaborate on the necessity to regulate the development, use and control of (proprietary and complex/self-learning) algorithms with regards to Industry Data, as these shall significantly influence the market or hinder market developments (ex: boundaries to access certain markets or development of new business models), unlawful competition, misuse of power and hindering of innovation