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This paper measures the impact of vertically integrated and exclusive software on industry structure and welfare in the sixth-generation of the U.S. videogame industry (2000-2005). I specify and estimate a dynamic model of both consumer demand for hardware and software products, and software...
Persistent link: https://www.econbiz.de/10005585490
We examine the intersection of patents and antitrust where a patent holder uses the monopoly power it possesses in the … the patented invention. Economic theory suggests that it is inappropriate to immunize a patent holder from antitrust … antitrust principles, courts have found that monopolists could be liable for unlawfully extending their monopoly positions into …
Persistent link: https://www.econbiz.de/10005622684
substantive liability standards for dominant firms in US antitrust law and in EC Competition law. The competition law remedies …
Persistent link: https://www.econbiz.de/10004967587
We discuss and compare the remedies in the two cases antitrust cases of the European Union (EU) against Microsoft. The …
Persistent link: https://www.econbiz.de/10008621689
I discuss the impact of tying, bundling, and loyalty/requirement rebates on consumer surplus in the affected markets. I show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty/requirement rebates on the basis of efficiency typically fails....
Persistent link: https://www.econbiz.de/10008774549
-consumer price discrimination; and (iii) inter-product price discrimination, and assess the antitrust liability that these practices … may entail. We also discuss the impact on consumers and competition, as well as potential antitrust liability of bundling …
Persistent link: https://www.econbiz.de/10010938600
technical protections a®ect the pricing of content, and consequently, why content users, content vendors, and antitrust …
Persistent link: https://www.econbiz.de/10005459405
This paper investigates the price war in the UK quality newspaper industry in the 1990s. We build a model of the newspaper market which encompasses demand for differentiated products on both, the readers and advertisers side of the market, and profit maximization by four competing oligopolistic...
Persistent link: https://www.econbiz.de/10008525325
This paper asks how much the strength of network effects depends on the stability and structure of the underlying social network. I answer this using extensive micro-data on all potential adopters of a firm's internal video-messaging system and their subsequent video-messaging. This firm's New...
Persistent link: https://www.econbiz.de/10005622698
Online communities provide a social sphere for people to share information and knowledge. While information sharing is becoming a ubiquitous online phenomenon, how to ensure information quality or induce quality content, however, remains a challenge due to the anonymity of commentators. This...
Persistent link: https://www.econbiz.de/10008479189