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The market for Internet search is not only economically and socially important, it is also highly concentrated. Is this a problem? We study the question whether 'competition is only a free click away'. We argue that the market for Internet search is characterized by indirect network...
Persistent link: https://www.econbiz.de/10013066963
The market for Internet search is not only economically and socially important, it is also highly concentrated. Is this a problem? We study the question whether "competition is only a free click away". We argue that the market for Internet search is characterized by indirect network...
Persistent link: https://www.econbiz.de/10014043618
This paper studies competition in data-driven markets, that is, markets where the cost of quality production is decreasing in the amount of machine-generated data about user preferences or characteristics, which is an inseparable byproduct of using services offered in such markets. This gives...
Persistent link: https://www.econbiz.de/10012902290
We examine the interrelation between interconnection and competition in the Internet backbone market. Networks that are asymmetric in size choose among different interconnection regimes and compete for end-users. We show that a direct interconnection regime, peering, softens competition as...
Persistent link: https://www.econbiz.de/10014218195
We examine the interrelation between interconnection and competition in the Internet backbone market. Networks that are asymmetric in size choose among different interconnection regimes and compete for end-users. We show that a direct interconnection regime, peering, softens competition as...
Persistent link: https://www.econbiz.de/10014028945