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which entry is hard, often even too hard given incompatibility. And while switching costs can encourage small-scale entry …, they discourage sellers from raiding one another's existing customers, and so also discourage more aggressive entry …
Persistent link: https://www.econbiz.de/10014026899
, fails to draw on the most relevant fields of economics; entry is often a misanalyzed afterthought; official information …
Persistent link: https://www.econbiz.de/10012428221
potential strategies for creating new barriers to entry, and for distorting actual competition. Most critical are bundling … to entry. Currently, this strategy can fully work for mobile telephony. In fixed telephony it is more difficult to …
Persistent link: https://www.econbiz.de/10014060568
Digital platforms frequently refer their users to competitors. We show that these references induce a business-sharing effect that may relax competition for users, resulting in lower quality of content. More surprisingly, user surplus may also decrease as the quality effect may overwhelm the...
Persistent link: https://www.econbiz.de/10012861485
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
Platform businesses have been pivotal in the rise of the digital economy. Amazon is one example of a platform taking on the role of a quasi-regulator; an entity that is able to determine the terms of interaction on the platform. This intermediary position entails the danger of anti-competitive...
Persistent link: https://www.econbiz.de/10013233108
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive and negative effects. The negative effects have been stark. There have been huge disruptions caused by e-commerce. More recently, subtler, but even more serious negative effects...
Persistent link: https://www.econbiz.de/10012151937
Only recently, competition authorities tend to see comparative advertising as helpful in promoting competition. They now encourage firms to use it. They reason that comparative advertising, if fair and not misleading, increases consumers' information about alternative brands. For this to work,...
Persistent link: https://www.econbiz.de/10014028140
We present a research project in experimental law and economics about the effects of new transparency provisions in European telecommunications law on Internet Service Providers (ISPs) and end-users in broadband markets, with implications for the debate on network neutrality. Our experiment...
Persistent link: https://www.econbiz.de/10013094140