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The antitrust analysis of multi-sided platform businesses

Author: David S Evans; Richard Schmalensee; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2013.
Series: Working paper series (National Bureau of Economic Research), no. 18783.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
This Chapter provides a survey of the economics literature on multi-sided platforms with particular focus on competition policy issues, including market definition, mergers, monopolization, and coordinated behavior. It provides a survey of the general industrial organization theory of multi-sided platforms and then considers various issues concerning the application of antitrust analysis to multi-sided platform  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: David S Evans; Richard Schmalensee; National Bureau of Economic Research.
OCLC Number: 827289077
Notes: Title from http://www.nber.org/papers/18783 viewed February 12, 2013.
"February 2013."
Description: 1 online resource (72 pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 18783.
Responsibility: David S. Evans, Richard Schmalensee.

Abstract:

This Chapter provides a survey of the economics literature on multi-sided platforms with particular focus on competition policy issues, including market definition, mergers, monopolization, and coordinated behavior. It provides a survey of the general industrial organization theory of multi-sided platforms and then considers various issues concerning the application of antitrust analysis to multi-sided platform businesses. It shows that it is not possible to know whether standard economic models, often relied on for antitrust analysis, apply to multi-sided platforms without explicitly considering the existence of multiple customer groups with interdependent demand. It summarizes many theoretical and empirical papers that demonstrate that a number of results for single-sided firms, which are the focus of much of the applied antitrust economics literature, do not apply directly to multi-sided platforms.

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