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Regulatory interventions aimed at promoting competition in digital markets face a challenge: how to design remedies that actually improve welfare? This Article helps provide an answer to this question. First, it maps out the frontier of remedy design: Part I.A summarizes antitrust and regulatory...
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The American Supreme Court decision in Ohio v. American Express (AMEX) will shape the future of US antitrust enforcement on multi-sided platforms. In a controversial landmark ruling, both the Court's majority and minority battled over definitions of relevant markets in the complex industry of...
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While the various initiatives in several jurisdictions to impose ex ante regulation on “digital gatekeepers” – i.e., large online platforms that are necessary intermediaries between business users and their customers, and which are typically protected by high barriers to entry – have...
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We review the burgeoning literature on two-sided markets focusing on the different definitions that have been proposed. In particular, we show that the well-known definition given by Evans is a particular case of the more general definition proposed by Rochet and Tirole. We then identify the...
Persistent link: https://www.econbiz.de/10013110407