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public consultations on a possible new competition tool and a possible ex-ante regulation of large online platforms (so … regulate or not to regulate is not anymore a Shakespearian issue. A regulation is inevitable. If the why seems obvious the how … is still an open question. Should the regulation be symmetric (applicable to all firms equally) or asymmetric (applicable …
Persistent link: https://www.econbiz.de/10014092863
Prior to the invention of the Internet, shopping for goods was relatively simple: a consumer visited a brick-and-mortal retailer and selected a product from what was available or, for some retailers, shopped using a catalog. Today, a simple Internet search may return a bewildering number of...
Persistent link: https://www.econbiz.de/10014080937
advantage. We examine the effect of an antitrust policy that prohibits both platforms (symmetric regulation), or just the … incumbent (asymmetric regulation) from charging predatory prices. We show that symmetric regulation decreases efficiency …. Asymmetric regulation improves welfare when the size of the market remains constant over time and when platforms are shortsighted …
Persistent link: https://www.econbiz.de/10013291496
regulation. The analysis yields four main results: (i) Optimal regulation is product- and platform-specific. Interventions that …
Persistent link: https://www.econbiz.de/10013314264
Antitrust law and telecommunications regulation have long adopted different stances on whether to mandate open access … particular, the authors outline three alternative models that the FCC could adopt to guide its regulation of information …
Persistent link: https://www.econbiz.de/10014075170
The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...
Persistent link: https://www.econbiz.de/10014035273
This article demonstrates the inner relationship between gatekeepers and their complementors and the impact of information sharing on the overall market competition intensity and the economic surplus allocation. Several competition law-based cases are grounded on the incompleteness and...
Persistent link: https://www.econbiz.de/10013239126
The purpose of this paper is to investigate how different types of strategic interactions between two firms affect their optimal pricing and private copy protection levels of digital products. In our model, the firms do not directly interact with each other in terms of prices, but they become...
Persistent link: https://www.econbiz.de/10014224293
Digital technology is a key driver of social inequality in the gig economy, but little is known about how platform technologies can be tailored to workers’ needs. To fill this gap, the article examines social design choices by workers in digital platform cooperatives of the CoopCycle...
Persistent link: https://www.econbiz.de/10014360025
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164