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This paper summarizes the peculiarities of online markets and discusses recent antitrust cases related to online markets. Following a brief description of the online markets' characteristics and potential tendencies for concentration the paper first discusses the antitrust allegations and...
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implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction … use our theoretical insights to examine whether leading Internet platforms have non-temporary market power. Based on this …
Persistent link: https://www.econbiz.de/10009684662
This paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. Using a model with two interrelated Salop circles we...
Persistent link: https://www.econbiz.de/10010299756
Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view a price comparison site as an "information clearinghouse" where shoppers and loyals obtain price and product information to make online purchases. These models...
Persistent link: https://www.econbiz.de/10010538405
This paper analyses the interdependency between the market for music recordings and concert tickets, assuming that there are positive indirect network effects both from the record market to ticket sales for live performances and vice versa. In a model with two interrelated Hotelling lines prices...
Persistent link: https://www.econbiz.de/10010305864
Das Internet ist stark durch Wettbewerb zwischen Plattformen geprägt, welche potenzielle Tauschpartner zusammenbringen … Konzentrationstendenzen und Markteintrittsbarrieren. Pauschal lässt sich zwar nicht feststellen, dass im Internet besonders viele dauerhaft …The Internet is characterized by competition between platforms which bring together potential partners of exchange. The …
Persistent link: https://www.econbiz.de/10010305869
A standard “solution” offered to the deleterious effects of all-out price competition is for firms to engage in differentiation strategies. This solution, however, depends critically on the inability of rivals to imitate a successful differentiation strategy. With imitation, we show how...
Persistent link: https://www.econbiz.de/10005795885
Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view a price comparison site as an 'information clearinghouse' where shoppers and loyals obtain price and product information to make online purchases. These models...
Persistent link: https://www.econbiz.de/10005561794