compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …

, and to balance interests. The paper thus suggests (1) a plea for compatibility instead of commonality - with regard to … uniformity, but the compatibility of views, and in particular, practices. It concerns the coordination and combination of the …

We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … full compatibility because it offers more variety that confers a better match with their ideal specifications. However …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …

effects and compatibility between networks. Network effects are measured by the dependence of consumer willingness to pay on … the installed base of subscribers. Compatibility is measured by the relative extent of cross- and own-network effects. I … network effects and - despite full interconnection of the mobile telephone networks - low compatibility. I also show that …