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This paper provides a framework to classify and evaluate the impact of net neutrality regulations on the allocation of consumer attention and the distribution of surplus between consumers, ISPs and content providers. While the model provided largely nests other contributions in the literature,...
Persistent link: https://www.econbiz.de/10014145504
Since the 1970s, at any given movie theater, one price has been charged for all movies, seven days a week, throughout the year. This Article studies the economic and legal causes that led to the formation of this peculiar phenomenon of uniform pricing for differentiated goods. The Article...
Persistent link: https://www.econbiz.de/10014072297
We consider a heretofore unexplored explanation for why platforms, such as Internet service providers and mobile-phone networks, offer plans with download limits: through one of two mechanisms, doing so causes the providers of the content consumer purchase to either reduce their prices or...
Persistent link: https://www.econbiz.de/10014037930
This paper examines the effectiveness of the administrative fines imposed by the European Commission on cartels from an economic perspective. It reviews the theory, practice, and evidence of optimal fines and assesses whether the European Commission fines, leniency, and settlement procedures...
Persistent link: https://www.econbiz.de/10014090809
The vast majority of US residential consumers face a monopoly or duopoly in broadband Internet access. Up to now, the Internet was characterizedby a regime of 'net neutrality' where there was no discrimination in theprice of a transmitted information packet based on the identities ofeither the...
Persistent link: https://www.econbiz.de/10014026256
The European Union’s Digital Markets Act (DMA) initiative, which is set to introduce ex ante regulatory rules for “gatekeepers” in online platform markets, is one of the most important pieces of legislation to emanate from Brussels in recent decades. It not only has the potential to...
Persistent link: https://www.econbiz.de/10013310980
We discuss network neutrality regulation of the Internet in the context of a two-sided market model. Platforms sell broadband Internet access services to residential consumers and may set fees to content and application providers on the Internet. When access is monopolized, cross-group...
Persistent link: https://www.econbiz.de/10014044110
The recent approval of the Digital Markets Act (DMA) has been a milestone in the regulation of large internet platforms operating in the new digital ecosystems. Faced with the supposed ineffectiveness and slowness of the tools traditionally used to limit the power and harmful practices for the...
Persistent link: https://www.econbiz.de/10014263462
The vast majority of US residential consumers face a monopoly or duopoly in broadband Internet access. Up to now, the Internet was characterized by a regime of “net neutrality” where there was no discrimination in the price of a transmitted information packet based on the identities of...
Persistent link: https://www.econbiz.de/10014167758
In dealing with telecom operator and internet mergers in the late 1990s the European Commission adopted a pessimistic view of competition based on the then emerging theory of network effects. This paper takes a short and critical look at the Commission's use of network effects theory, and its...
Persistent link: https://www.econbiz.de/10014186182