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EC Antitrust in the New Economy - Is the European Commission's View of the Network Economy Correct?Cento VeljanovskiCase Associates; Institute of Economic Affairs; Centre for Regulation and Market Analysis (CRMA) November 9, 2001 European Competition Law View, Vol. 22, pp. 115-121, 2001 Abstract: In dealing with telecom operator and internet mergers in the late 1990s the European Commission adopted a pessimistic view of competition based on the then emerging theory of network effects. This paper takes a short and critical look at the Commission's use of network effects theory, and its competititive assessment of mergers between telecom and backbone internet operators.
Number of Pages in PDF File: 7 Keywords: network effects, telecom mergers, Internet, antitrust, high tech industries JEL Classification: D4, K0, K21, L1, L4, L11, L12, L13, K14, L41, L44, N60 Accepted Paper SeriesDate posted: February 12, 2011Suggested CitationContact Information
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