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Zeitschrift für Wirtschaftspolitik

Ed. by Donges, Juergen B. / Krause, Michael / Roth, Steffen J. / Watrin, Christian

Online
ISSN
2366-0317
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Volume 60, Issue 2

Issues

Wettbewerb im Internet: Was ist online anders als offline?

Justus Haucap
  • Heinrich-Heine-Universitat Dusseldorf, Dusseldorf Institute for Competition Economics (DICE), Universitatsstr. 1, 40225 Dusseldorf, Tel.: (0211) 8115494
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/ Tobias Wenzel
  • Heinrich-Heine-Universitat Dusseldorf, Dusseldorf Institute for Competition Economics (DICE), Universitatsstr. 1, 40225 Dusseldorf, Tel.: (0211) 8115052
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Published Online: 2016-03-22 | DOI: https://doi.org/10.1515/zfwp-2011-0207

Abstract

The Internet is characterized by competition between platforms which bring together potential partners of exchange. The degree of competition between these multi-sided platforms und market concentration are determined through (1) the strength of the direct and indirect network effects, (2) the extent of economies of scale, (3) the risk of congestition, (4) platform differentiation, and (5) the possibility of multi-homing. Depending on these factors different market concentrations and barriers to entry result. While there is no general tendency for concentration in the Internet and no general need for special market regulation of online content providers and intermediaries, single platforms may still have long lasting and significant market power which is unlikely to erode fastly, as the example of ebay illustrates.

About the article

Published Online: 2016-03-22

Published in Print: 2011-08-01


Citation Information: Zeitschrift für Wirtschaftspolitik, Volume 60, Issue 2, Pages 200–211, ISSN (Online) 2366-0317, ISSN (Print) 0721-3808, DOI: https://doi.org/10.1515/zfwp-2011-0207.

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© 2011 by Lucius & Lucius, Stuttgart.

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