We consider a dynamic platform competition in a market with network externalities. The incumbent platform enjoys a focal position such that consumers expect other consumers to join it, while the entrant platform may enjoy a quality advantage. We examine the effect of an antitrust policy that...

We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...