Skip to main content
Contribution to Book
Public Policy in Network Industries
Handbook of Antitrust Economics (2008)
  • Nicholas Economides, New York University
Abstract

This chapter discusses how antitrust law and regulatory rules should be applied to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect them. These relevant features include (among others) network effects, market structure, market share and profits inequality, choice of technical standards, relationship between the number of active firms and social benefits, existence of market power, leveraging of market power in complementary markets, and innovation races. We find that there are often significant differences on the effects of application of antitrust law in network and non-network industries.

Keywords
  • monopoly,
  • oligopoly,
  • antitrust,
  • network,
  • telecommunications,
  • Internet
Disciplines
Publication Date
September, 2008
Editor
Paolo Buccirossi
Publisher
The MIT Press
Citation Information
Nicholas Economides. "Public Policy in Network Industries" CambridgeHandbook of Antitrust Economics (2008)
Available at: http://works.bepress.com/economides/6/