Antitrust Issues In Network Industries
نویسنده
چکیده
I analyze how antitrust law and sectoral regulatory rules should be applied to network industries. I first identify a number of relevant features of network industries that may affect the way in which antitrust law and regulatory rules should be applied. 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. I find that there are often significant differences on the effects of application of antitrust law in network and non-network industries.
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