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" and the competition between them. The paper focuses on the following categories of platforms, which represent a wide scope …
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On online platforms, consumers face an abundance of options that are displayed in the form of a position ranking. Only products placed in the first few positions are readily accessible to the consumer, and she needs to exert effort to access more options. For such platforms, we develop a...
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network effects. In these circumstances, dominant platforms may foreclose competition by raising barriers to entry in the … for refusals to deal under antitrust or competition law. The private antitrust cases that have already occurred regarding …
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.). The network benefits between consumers and sellers depend on the mode of competition within the sub-markets: more … competition between sellers lowers product prices, increases the surplus consumers receive from a sub-market, and makes platform … membership more desirable for consumers. However, more competition also lowers profits for a seller which makes platform …
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