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Book Cover
Lang Matl
Author Ducci, Francesco, 1987- author.

Title Natural monopolies in digital platform markets / Francesco Ducci.

Publication Info. Cambridge, United Kingdom ; New York, NY, USA : Cambridge University Press, 2020.


Location Call No. Status
 main  338.185-DU NA    Available
Description 1 online resource
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series Global competition law and economics policy
Note Based on author's thesis (doctoral - University of Toronto, 2019).
Bibliography Includes bibliographical references and index.
Contents Introduction -- Technological Change and Natural Monopolies in Digital Industries -- Horizontal Search -- E-Commerce Marketplaces -- Ride-Hailing PlatformsChapter -- The Institutional Dimension of Alternative Policy Options -- Conclusion
Summary "Multi-sided platform markets characterized by network externalities have always existed as an economic paradigm, but in different technological forms.1 The old village market place, physical shopping malls, or any traditional fair can be seen as multi-sided platform markets connecting buyers and sellers. They are all platform-meeting places where different agents that want to interact and transact with each other are brought together by an intermediary. The traditional printed ad-based newspaper is also a classic version of a platform connecting advertisers and eyeballs. More readers increase the value for advertisers that want to reach them, and readers generally are indifferent to or dislike ads. Due to these externalities across the different sides, newspapers can often be provided for free to create an audience for advertisers. Payment cards of various kind, the first twosided market closely studied in the industrial organization literature, are also a typical example of platforms, which connect merchant and cardholders concluding transactions"-- Provided by publisher.
Note Description based on print version record and CIP data provided by publisher; resource not viewed.
Subject Electronic commerce -- Law and legislation.
Internet industry -- Law and legislation.
Antitrust law.
Other Form: Print version: Ducci, Francesco, 1987- Natural monopolies in digital platform markets Cambridge, United Kingdom ; New York, NY, USA : Cambridge University Press, 2020. 9781108491143 (DLC) 2019050405
ISBN 9781108867528 (ebook)
9781108491143 (hardback)