This paper discusses the general characteristics of online markets from a competition theory perspective and the implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction platforms, and social networks. Given the high level...

The triumph of globalization brought the emergence of a new economy. ,,The new economy” is based on the information and telecommunication technology and Internet. It is a digital economy that recognizes the fundamental role of information. That is why firms seek to change their business models...

This paper discusses the general characteristics of online markets from a competition theory perspective and the implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction platforms, and social networks. Given the high level...

Among the many potential benefits of electronic commerce include lower prices, access to a wider range of goods, development of innovative services and creating jobs. Online purchases represent about 3% of European retail trade. But the development of uniform electronic markets still face...

The rapid growth of electronic commerce, along with changes in information, computing, and communications, is having a profound effect on the United States economy. President Clinton recently directed the National Economic Council, in consultation with executive branch agencies, to analyze the...

Specialists are speaking about the digital economy, the NetEconomy, the Knowledge Economy and so on. Digital technologies are changing economy, society and environment. Digital technologies have the capacity to transform the relationship between companies and between companies and stakeholders....

Efficiency arguments explain why commercial intermediaries exist and will continue to be involved in the exchanges despite the spread of digital networks. Commercial intermediaries provide producers and consumers with a set of information, logistic, securization and insurance (and liquidity)...

The Internet is creating a global digital economy with new opportunities. Developing countries have to catch up with the developed world by establishing the required information infrastructure to overcome the dangers of isolation and polarisation. The growth path is through the development of IT...

The concept of digital economy called "new economy" involves particularly modern transformation of economic activities, which is a consequence of the use of digital technologies. These in turn provide access, processing and storage of information in a way cheaper and easier. The emergence of a...