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While the traditional literature and the policy statements concerning standardization as such emphasize the benefits of standardization, the intellectual property and competition law literature and policymaking has been more critical of standardization. Intellectual property is relevant, as the...
Persistent link: https://www.econbiz.de/10013031407
Services of general interest (SGI) are a key component of the EU economy, accounting for 26% of GDP and 30% of employment within the EU. They cover economic and noneconomic activities alike. They are to be distinguished from services of general economic interest (SGEI), which are economic...
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14 January 2020: After months of speculation, Google finally announced its plan to phase out third-party cookies on Chrome within the next two years. As Chrome boasts a worldwide market share in excess of 64%, the news sent shockwaves in the online advertising industry, whose foundations are...
Persistent link: https://www.econbiz.de/10012841188
This paper studies competition in data-driven markets, that is, markets where the cost of quality production is decreasing in the amount of machine-generated data about user preferences or characteristics, which is an inseparable byproduct of using services offered in such markets. This gives...
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Under strict net neutrality Internet service providers (ISPs) are required to carry data without any differentiation and at no cost to the content provider. We provide a simple framework with a monopoly ISP to evaluate different net neutrality rules. Content differs in its sensitivity to delay....
Persistent link: https://www.econbiz.de/10013027112
Recent progress in information technologies provides sellers with detailed knowledge about consumers' preferences, approaching perfect price discrimination in the limit.We construct a model where consumers with less strategic sophistication than the seller's pricing algorithm face a trade-off...
Persistent link: https://www.econbiz.de/10012922188