Imposing Access to Information in Digital Markets
Chapter 4: Characteristics of digital markets and their implications for the assessment of market power
This chapter evaluates the characteristics of digital markets and their implications for the assessment of market power. In particular, it defines network effects and other phenomena connected to these such as the two-sidedness of online platforms that attract users with various free services and literally ‘sell’ these users to advertisers. Finally, it ponders upon potential competition and innovation and the role they can play in the environment of information intermediaries, as the competition in such markets is in innovation and not in product substitutability.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.