# Prof. Vasant Dhar on Bloomberg's alleged use of data about its customers

1 Faculty News May 23, 2013 ![TheStreet logo](/sites/default/files/styles/246w/public/assets/images/thestreet.jpg?itok=2XiyrQ8_)>

Excerpt from [TheStreet.com](http://www.thestreet.com/story/11931792/1/bloombergs-spygate-marks-murdochs-latest-salvo.html) -- "'There are plenty of vendors but no one has the functionality and experience and knowledge that's gone into their products like Bloomberg and Thomson," said [Vasant Dhar](http://w4.stern.nyu.edu/faculty/bio/vasant-dhar), a professor at New York University's Stern School of Business and director of its Center for Business Analytics. 'There are alternatives, but they've become very entrenched. This discussion about privacy and data may be a good thing for the market, it might put some competitive pressures on the incumbents.'"
[
Read more](http://www.thestreet.com/story/11931792/1/bloombergs-spygate-marks-murdochs-latest-salvo.html)
