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

See all articles by Cento Veljanovski

Cento Veljanovski

Case Associates; Institute of Economic Affairs

Date Written: November 9, 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.

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

Veljanovski, Cento, EC Antitrust in the New Economy - Is the European Commission's View of the Network Economy Correct? (November 9, 2001). European Competition Law View, Vol. 22, pp. 115-121, 2001, Available at SSRN: https://ssrn.com/abstract=1758640

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