Elberse, Anita; Barwise, Patrick; Hammond, Kathy - In: The economics of the Internet and E-commerce, (pp. 1-27). 2002
In this chapter, we review research on the Internet's impact on ‘horizontal’ and ‘vertical’ competition. First, focusing on horizontal competition, we examine theory and empirical evidence on the extent to which the Internet increases market efficiency, as well as possible underlying...
