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"Free navigation apps on smartphones wreaked havoc for the makers of standalone GPS devices. Airbnb and other resource sharing services are undermining hotels. Uber, SideCar and Lyft are reinventing the heavily regulated taxi and limousine industry. These are just a few of hundreds of examples...
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In response to a request for comment from the Federal Trade Commission, this report is divided into three parts:• The FTC's continuing leadership in consumer protection for Internet access• Competition and consumer protection in a changing communications industry• Competition and consumer...
Persistent link: https://www.econbiz.de/10012892717
In response to the increasing popularity and economic impact of companies in the Internet ecosystem, the Federal Trade Commission is being implored with vocal but factually vacant calls to revisit its approach to antitrust, and in particular market power, barriers to entry and anti-competitive...
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Whether it was the intended strategy or not, Google Fiber, which has now "paused" new deployments, agitated incumbent providers, regulators, and investors to change their approach and policies on gig-speed Internet, initiating a "game of Gigs" that broke a stalemate in investments in...
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Academic debates about how to regulate new technologies have moved from theory to practice, as the digital revolution now proceeds to remake nearly every industry, especially those left largely unchanged in earlier phases of disruptive innovation. Applying square regulations to round...
Persistent link: https://www.econbiz.de/10013002346
In 1999, the FCC largely deregulated middle-mile or "special access" enterprise communications services, resulting in explosive growth of new competitors using new technologies, including cable, fiber-optics, and high-speed Ethernet loops. But in recent years the agency has expressed increased...
Persistent link: https://www.econbiz.de/10013002347
A paradigm shift is occurring in the theory of disruptive innovation, as new "big bang" disruptors increasingly enter the market better and cheaper than offerings from long-time industry incumbents. This article review the four economic drivers of that shift: price deflation, platform...
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