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Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
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There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
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Digital markets have raised a number of new competition challenges. Ex-post competition policy appears not to be able … policy-makers, that ex-ante regulatory policies are needed to avoid competition being stifled in these markets, with a …
Persistent link: https://www.econbiz.de/10014278972
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Digital markets are at the forefront of competition policy. Over the past five years, antitrust regulators around the … add up to thousands of pages of text, figures and tables, have been scattered around the websites of different competition … agencies. This literature review consolidates the knowledge of twenty-two reports and studies on topics related to competition …
Persistent link: https://www.econbiz.de/10013346845
What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
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