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implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction … use our theoretical insights to examine whether leading Internet platforms have non-temporary market power. Based on this …
Persistent link: https://www.econbiz.de/10009684662
The Internet has become an integral part of the everyday life of households, firms and governments. Its proper … Internet depends on its openness and the confidence of users. Designing policies that protect society while allowing for … Internet’s great economic potential to be fulfilled, is a difficult task. This paper investigates this challenge and takes …
Persistent link: https://www.econbiz.de/10010464865
The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the...
Persistent link: https://www.econbiz.de/10012270849
This paper will examine three recent instances involving competition concerns on the Internet. The Internet at its … the emergence of major Internet corporations, and on the other the recognition of the Internet as an important trading … blog the Huffington Post and Internet giant AOL and any implications this may have for concentration and media plurality on …
Persistent link: https://www.econbiz.de/10013068060
The rise of dominant firms in data driven industries is often credited to their alleged data advantage. Empirical evidence lending support to this conjecture is surprisingly scarce. In this paper we document that data as an input into machine learning tasks display features that support the...
Persistent link: https://www.econbiz.de/10012294293
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014512364
Increasingly, retailers have access to better pricing technology, especially in online markets. Firms employ automated pricing algorithms that allow for high-frequency price changes. What are the implications for price competition? We develop a model of price competition where firms can differ...
Persistent link: https://www.econbiz.de/10012175360
Standard models of collusion require that all firms are forward-looking and strategic. When one firm displays naive behavior—i.e., when it is myopic, memoryless, or non-strategic—typical collusive strategies cannot be supported in equilibrium. Motivated by the increasing adoption of...
Persistent link: https://www.econbiz.de/10014255442
-to-air (FTA), Internet-based protocol television (IPTV), and pay-tv services are however part of the same market, market shares …
Persistent link: https://www.econbiz.de/10014263635
This paper analyzes the competitive interplay of prices amongst retail channels: offline (brick-and-mortar) and online (such as retailers’ websites and online marketplaces). We find evidence of a close competitive relationship between the two channels, in which prices correspond tightly across...
Persistent link: https://www.econbiz.de/10014078914