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Please use this identifier to cite or link to this item:
http://hdl.handle.net/2451/26079
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| Title: | Public Policy in Network Industries |
| Authors: | Economides, Nicholas |
| Keywords: | networks
network effects
public policy
antitrust
telecommunications
technical standards
lock-in
net neutrality
Internet
Microsoft
Trinko |
| Issue Date: | Sep-2006 |
| Series/Report no.: | EC-06-17 |
| Abstract: | This paper discusses how antitrust law and regulatory rules should be
applied to network industries. In assessing the application of antitrust
in network industries, we analyze a number of relevant features of
network industries and the way in which antitrust law and regulatory
rules can affect them. These relevant features include (among others)
network effects, market structure, market share and profits inequality,
choice of technical standards, relationship between the number of active
firms and social benefits, existence of market power, leveraging of
market power in complementary markets, and innovation races. We find
that there are often significant differences on the effects of
application of antitrust law in network and non-network industries. |
| URI: | http://hdl.handle.net/2451/26079 |
| Appears in Collections: | Economics Working Papers
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