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In this conceptual paper, I propose a framework for measuring the market power of digital platforms. The rise of big technology companies that act both as intermediary platforms and providers of services and goods in several markets has heightened concerns about potential economic harms brought...
Persistent link: https://www.econbiz.de/10012606324
This study presents the competition beyond a single product market where a multi-product firm competes with monoproduct rivals through the use of different bundling strategies that impact the firms' incentives to make quality improvements in different ways. The pure bundling strategy can make...
Persistent link: https://www.econbiz.de/10014494568
We propose a spatial competition model to study banks’ strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale...
Persistent link: https://www.econbiz.de/10009355559
optimal regulation. We use the model to analyze an actual regulation of such a market by competition authorities in Finland … Ramsey regulation. While the Finnish regulation pushes the foreign fee downwards towards its socially optimal level, the … regulated fees are likely to remain too high from the welfare point of view. In contrast with the actual regulation, it would be …
Persistent link: https://www.econbiz.de/10013036293
This study presents the competition beyond a single product market where a multi-product firm competes with monoproduct rivals through the use of different bundling strategies that impact the firms' incentives to make quality improvements in different ways. The pure bundling strategy can make...
Persistent link: https://www.econbiz.de/10012436978
service) is subject to regulation. In these industries, regulators are confronted with the potential exercise of market power … by the upstream affiliate when choosing the optimal form of downstream regulation. This paper finds that downstream … regulation in the form of price caps can eliminate the exercise of market power by the regulated firm's upstream affiliate. With …
Persistent link: https://www.econbiz.de/10014061584
Telecommunication sector faces to parallel investments into both fiber and 5G, however due to monetization challenges, return on investments often lag behind normal profit expectations. Co-investment, like mobile network sharing can promote cost efficiency, however cooperation raises regulatory...
Persistent link: https://www.econbiz.de/10014078654
There is an investment gap to reach EU Digital Decade 2030 connectivity targets that require from operators to provide full fixed and mobile broadband coverage. The reason is the lack of economies of scale, therefore return on investment often lags behind cost of capital in fragmented European...
Persistent link: https://www.econbiz.de/10014349646
optimal regulation. We use the model to analyze an actual regulation of such a market by competition authorities in Finland … Ramsey regulation. While the Finnish regulation pushes the foreign fee downwards towards its socially optimal level, the … regulated fees are likely to remain too high from the welfare point of view. In contrast with the actual regulation, it would be …
Persistent link: https://www.econbiz.de/10011166107