EC Antitrust in the New Economy - Is the European Commission's View of the Network Economy Correct?
European Competition Law View, Vol. 22, pp. 115-121, 2001
7 Pages Posted: 12 Feb 2011
Date Written: November 9, 2001
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.
Keywords: network effects, telecom mergers, Internet, antitrust, high tech industries
JEL Classification: D4, K0, K21, L1, L4, L11, L12, L13, K14, L41, L44, N60
Suggested Citation: Suggested Citation