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We discuss and evaluate the incentives for vertical expansion and vertical mergers in the payments systems industry paying particular attention to the implications of the existence of network effects in this industry. We assess the incentives of large merchants to extend vertically into payments...
Persistent link: https://www.econbiz.de/10005760657
We analyze and contrast the US and EU antitrust standards on mixed bundling and tying. We apply our analysis to the US and EU cases against Microsoft on the issue of tying new products (Internet Explorer in the US, and Windows Media Player in the EU) with Windows as well as to cases brought in...
Persistent link: https://www.econbiz.de/10005622690
-by-market basis instead of imposing a uniform regulation for all markets. …
Persistent link: https://www.econbiz.de/10009352209
We consider a two-sided market model with a monopolistic Internet Service Provider (ISP), network congestion sensitive content providers (CPs), and Internet customers in order to study the impact of Quality-of-Service (QoS) tiering on service innovation, broadband investments, and welfare in...
Persistent link: https://www.econbiz.de/10008673514
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell … Internet. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees “on the other …
Persistent link: https://www.econbiz.de/10005585461
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell … Internet. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees “on the other …
Persistent link: https://www.econbiz.de/10005760651
Pricing of Internet access has been characterized by two properties. Parties are directly billed only by the Internet Service Provider (ISP) through which they connect to the Internet and the ISP charges them on the basis of the amount of information transmitted rather than its content. These...
Persistent link: https://www.econbiz.de/10008763998
the remedy and the theory of consumer harm that led to the finding of liability and questions a total dissociation between …
Persistent link: https://www.econbiz.de/10004967587
We discuss strategic ways that sellers can use tying and bundling with requirement conditions to extract consumer surplus. We analyze different types of tying and bundling creating (i) intra-product price discrimination; (ii) intra-consumer price discrimination; and (iii) inter-product price...
Persistent link: https://www.econbiz.de/10010938600
the patented invention. Economic theory suggests that it is inappropriate to immunize a patent holder from antitrust …
Persistent link: https://www.econbiz.de/10005622684