Internet search (or perhaps more accurately 'web-search') has grown exponentially over the last decade at an even more rapid rate than the Internet itself. Starting from nothing in the 1990s, today search is a multi-billion dollar business. Search engine providers such as Google and Yahoo! have...

This document (of 351 pages) contains the proceedings of a one-day roundtable on regulation and competition issues relating to the broadcasting industry, held at the OECD in October 1998. The publication includes submissions from 15 OECD member countries describing in detail the regulatory...

European Community law has played a pivotal role in opening to competition economic sectors previously under the control of public monopolies. As with other sectors such as telecommunications, air transport, electricity, gas, and rail, the postal sector has succumbed to the wave of...

The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates the decentralized coordination mechanism inherent in all...

This volume brings together the statements delivered during a discussion forum organized by the Austrian Ministry for Economic Affairs and Labour. A number of articles deal with competition policies on the EU and national levels. They include an introductory statement by Nobel Laureate Joseph E....

Blockchain is a general-purpose technology that threatens to disrupt markets and institutions across the world. Where the internet enabled the publishing and digital transfer of information, blockchain authenticates the ownership of assets, makes them unique, traceable, and facilitates the...

This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial organization remains largely focused on a sophisticated version of the Schumpeter-Arrow debate, which is unresolved and largely irrelevant. We posit the need to look at...

For the ongoing and upcoming auctioning of 5G spectrum an important question is, what drives network quality in mobile markets? When comparing the provided mobile network quality between various EU countries considerable differences between these markets become apparent, which cannot be solely...

There is widespread support for antitrust reform, fueled mainly by concerns about major platforms like Google, Facebook, and Amazon. Many believe that these companies have become too large and that they use their power in harmful ways. In the United States, some of the most aggressive reforms...