Reassessing competition concerns in electronic communications markets


Peitz, Martin ; Valletti, Tommaso M.


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URL: https://ub-madoc.bib.uni-mannheim.de/37397
URN: urn:nbn:de:bsz:180-madoc-373977
Document Type: Working paper
Year of publication: 2014
The title of a journal, publication series: ZEW Discussion Papers
Volume: 14-101
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: D82 , L13 , L41 , L51 , L86 , L96,
Keywords (English): Telecommunications , OTT , relevant market , two-sided markets , market power
Abstract: Central features of today’s electronic communications markets are complementarities between the different layers of the value chain, substitutability between some applications, network effects in the provision of content and services, two-sided business models that partly involve indirect revenue generation (such as advertising and data profiling), and a patchwork of regulated and unregulated segments of the market. This complexity requires a fresh look at the market forces shaping the industry and a rethinking of market definitions and of the assessment of market power. This article presents the state of play in European electronic communication markets, with a particular emphasis on the recent development of “over the tops”. We also use a stylised model of an electronic communications market to draw some central lessons from economic theory and to elaborate on market definition and market power.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Peitz, Martin ; Valletti, Tommaso M. (2014) Reassessing competition concerns in electronic communications markets. Open Access ZEW Discussion Papers Mannheim 14-101 [Working paper]
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