Competition Issues in India's Online Economy
Ajay Shah () and
Working Papers from eSocialSciences
The world of high technology companies is seen as a dynamic area with a rapid pace of creative destruction. There is, however, a class of industries where there are strong network effects, where the market tends to collapse into a narrow set of players. After one burst of innovation where a new online business is born, there is the possibility of entrenched market power with the extraction of consumer surplus.
Keywords: Innovation; foundation; economic; technology; disruptive; innovations; efficiencies; market; marginal cost; Facebook; WhatsApp; interoperability; email; regulation; merchants. (search for similar items in EconPapers)
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Working Paper: Competition Issues in India's Online Economy (2017)
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