Glimmers and Signs of Innovative Health in the Commercial Internet

INTRODUCTION ..................................................................................... 25 I. THE VALUE CHAIN FOR THE INTERNET .................................. 28 A. Broadband .............................................................................. 30 B. Platforms ................................................................................ 34 C. Contractual Incompleteness ...................................................... 39 II. COMMERCIAL BEHAVIOR AND THE INTERNET ...................... 41 A. Economic Experiments ............................................................ 42 B. Vigorous Standards Competition .............................................. 46 C. Inventive Entrepreneurialism ................................................. 55 D. Absence of Unilateral Bargaining ............................................ 63 III. HEALTHY INNOVATIVE COMPETITION FROM DOMINANT FIRMS ...................................................................... 74