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Patents and Antitrust: Application to Adjacent Markets
Economides, Nicholas; Hebert, William N. - NET Institute - 2007
We examine the intersection of patents and antitrust where a patent holder uses the monopoly power it possesses in the … adjacent market. The present scheme for awarding patents cannot judge when the issuance of a patent will lead to the … appropriate balance between innovation and efficiency. Where a patent holder’s invention uses an interface with adjacent products …
Persistent link: https://www.econbiz.de/10005622684
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Bundling and Tying
Economides, Nicholas - NET Institute - 2014
We discuss strategic ways that sellers can use tying and bundling with requirement conditions to extract consumer surplus. We analyze different types of tying and bundling creating (i) intra-product price discrimination; (ii) intra-consumer price discrimination; and (iii) inter-product price...
Persistent link: https://www.econbiz.de/10010938600
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Tying, Bundling, and Loyalty/Requirement Rebates
Economides, Nicholas - NET Institute - 2010
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
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A Critical Appraisal of Remedies in the EU Microsoft Cases
Economides, Nicholas; Lianos, Ioannis - NET Institute - 2009
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
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The Quest for Appropriate Remedies in the Microsoft Antitrust EU Cases: A Comparative Appraisal
Economides, Nicholas; Lianos, Ioannis - NET Institute - 2009
The Microsoft cases in the United States and in Europe have been influential in determining the contours of the substantive liability standards for dominant firms in US antitrust law and in EC Competition law. The competition law remedies that were adopted, following the finding of liability,...
Persistent link: https://www.econbiz.de/10004967587
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Price Wars in Two-Sided Markets: The case of the UK Quality Newspapers
Behringer, Stefan; Filistrucchi, Lapo - NET Institute - 2009
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market, and profit maximization by four competing oligopolistic...
Persistent link: https://www.econbiz.de/10008525325
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Technology Shocks in Multi-Sided Markets: The Impact of Craigslist on Local Newspapers
Seamans, Robert; Zhu, Feng - NET Institute - 2010
Theories of multi-sided markets suggest that a platform’s pricing strategies on different sides of the market are closely linked, and in particular, an increase in competition on one side may lead to an increase in price on other sides. We empirically examine platforms’ pricing strategies by...
Persistent link: https://www.econbiz.de/10008673515
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Social Interactions, Network Fluidity and Network Effects
Tucker, Catherine - NET Institute - 2008
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
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Moderated Online Communities and User-Generated Content
Chen, Jianqing; Xu, Hong; Whinston, Andrew B. - NET Institute - 2009
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
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Collusion and the political differentiation of newspapers
Antonielli, Marco; Filistrucchi, Lapo - NET Institute - 2011
We analyse a newspaper market where two editors first choose the political position of their newspaper, then set cover prices and advertising tariffs. We build on the work of Gabszewicz, Laussel and Sonnac (2001, 2002), whose model we take as the stage game of an infinitely repeated game, and...
Persistent link: https://www.econbiz.de/10010905448