Google, Facebook, Amazon, eBay: Is the Internet driving competition or market monopolization?
Justus Haucap and
Ulrich Heimeshoff ()
International Economics and Economic Policy, 2014, vol. 11, issue 1, 49-61
This paper discusses the general characteristics of online markets from a competition theory perspective and the implications for competition policy. Three important Internet markets are analyzed in more detail: search engines, online auction platforms, and social networks. Given the high level of market concentration and the development of competition over time, we use our theoretical insights to examine whether (a) leading Internet platforms have non-temporary market power and, based on this analysis, (b) whether any specific market regulation beyond general competition law rules is warranted in these three online markets. Copyright Springer-Verlag Berlin Heidelberg 2014
Keywords: Two-sided markets; Online markets; Digital economy; Antitrust; E-commerce; L12; L41; L81; L82; L86 (search for similar items in EconPapers)
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Working Paper: Google, Facebook, Amazon, eBay: Is the internet driving competition or market monopolization? (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:iecepo:v:11:y:2014:i:1:p:49-61
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