Showing 1 - 10 of 32
I discuss the design and implementation of a SSNIP test in order to identify the relevant market in a media market. I argue that in such a two-sided market the traditional SSNIP test cannot be applied as it is usually conceived but rather should be modified in order to take into account indirect...
Persistent link: https://www.econbiz.de/10005622724
-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
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
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
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
Signal quality is a significant contributor to the overall quality of wireless telephone service, which competitive analyses often overlooks. To understand the competitive impact of signal quality investment on further consolidation in this industry, I use a market research survey of choice of...
Persistent link: https://www.econbiz.de/10010930541
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
Competition among multi-store chains is common in retail industries. This paper proposes a method for estimating a model of strategic store-network choices by two chains. In contrast to previous studies, I allow chains to not only choose which markets to enter but also how many stores to open in...
Persistent link: https://www.econbiz.de/10005622722
In their seminal 1985 paper, Katz and Shapiro study systems compatibility in settings with one-sided platforms and direct network effects. We consider systems compatibility when competing platforms are two-sided and there are indirect network effects to develop an explanation why markets with...
Persistent link: https://www.econbiz.de/10005622748
We develop a structural econometric framework that allows us to simulate the effects of mergers among two-sided platforms selling differentiated products. We apply the proposed methodology to the Dutch newspaper industry. Our structural model encompasses demands for differentiated products on...
Persistent link: https://www.econbiz.de/10010615271