Showing 1 - 10 of 50
appropriate balance between innovation and efficiency. Where a patent holder’s invention uses an interface with adjacent products … provide a spur to innovation by granting limited monopoly rights, the antitrust laws curb the excessive reach of these …
Persistent link: https://www.econbiz.de/10005622684
We discuss and compare the remedies in the two cases antitrust cases of the European Union (EU) against Microsoft. The first EU case alleged (i) that Microsoft illegally bundled the Windows Media Player (WMP) with Windows; and (ii) that Microsoft did not provide adequate documentation that would...
Persistent link: https://www.econbiz.de/10008621689
substantive liability standards for dominant firms in US antitrust law and in EC Competition law. The competition law remedies … roots of the competition law violation identified in the liability decision and others who advance the view that the … developing such a remedy in the future are briefly discussed before more emphasis is put on alternative remedies (competition and …
Persistent link: https://www.econbiz.de/10004967587
may entail. We also discuss the impact on consumers and competition, as well as potential antitrust liability of bundling …
Persistent link: https://www.econbiz.de/10010938600
I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the affected markets. I show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty/requirement rebates on the basis of efficiency typically fails....
Persistent link: https://www.econbiz.de/10008774549
This paper asks how much the strength of network effects depends on the stability and structure of the underlying social network. I answer this using extensive micro-data on all potential adopters of a firm's internal video-messaging system and their subsequent video-messaging. This firm's New...
Persistent link: https://www.econbiz.de/10005622698
Online communities provide a social sphere for people to share information and knowledge. While information sharing is becoming a ubiquitous online phenomenon, how to ensure information quality or induce quality content, however, remains a challenge due to the anonymity of commentators. This...
Persistent link: https://www.econbiz.de/10008479189
of competition in two-part tariffs, we consider a class of access pricing rules, similar to the optimal one under … competition in linear prices, derived by Jeon (2005), but based on average retail prices. We show that firms choose the variable …
Persistent link: https://www.econbiz.de/10005585477
We discuss and evaluate the incentives for vertical expansion and vertical mergers in the payments systems industry paying particular attention to the implications of the existence of network effects in this industry. We assess the incentives of large merchants to extend vertically into payments...
Persistent link: https://www.econbiz.de/10005760657
This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...
Persistent link: https://www.econbiz.de/10010934840