A few thoughts about competition policy in two-sided markets

2022
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The paper reviews recent literature concerning two-sided markets or platforms. These markets are characterised by indirect externalities since the utility of users on one side of the market increases in the number of users on the other side of the market. There are many examples of two-sided markets, such as payment cards, newspapers, Internet advertising, search platforms for accommodations, software applications, etc. Competition policy has special features in two-sided markets, and the wisdom from standard markets may induce wrong decisions by competition authorities. Therefore, the paper discusses the definition of the relevant market in two-sided markets, when horizontal merger is beneficial to users, how predatory behaviour is defined, and other anti-competitive practices
Ključne reči:
Relevant market / Predatory behaviour / Platforms / Horizontal mergersIzvor:
Anali Pravnog fakulteta u Beogradu, 2022, 70, 2, 399-422Institucija/grupa
Pravni fakultet / Faculty of Law University of BelgradeTY - JOUR AU - Trifunović, Dejan PY - 2022 UR - https://ralf.ius.bg.ac.rs/handle/123456789/1859 AB - The paper reviews recent literature concerning two-sided markets or platforms. These markets are characterised by indirect externalities since the utility of users on one side of the market increases in the number of users on the other side of the market. There are many examples of two-sided markets, such as payment cards, newspapers, Internet advertising, search platforms for accommodations, software applications, etc. Competition policy has special features in two-sided markets, and the wisdom from standard markets may induce wrong decisions by competition authorities. Therefore, the paper discusses the definition of the relevant market in two-sided markets, when horizontal merger is beneficial to users, how predatory behaviour is defined, and other anti-competitive practices T2 - Anali Pravnog fakulteta u Beogradu T1 - A few thoughts about competition policy in two-sided markets EP - 422 IS - 2 SP - 399 VL - 70 DO - 10.51204/Anali_PFBU_22202A UR - conv_3368 ER -
@article{ author = "Trifunović, Dejan", year = "2022", abstract = "The paper reviews recent literature concerning two-sided markets or platforms. These markets are characterised by indirect externalities since the utility of users on one side of the market increases in the number of users on the other side of the market. There are many examples of two-sided markets, such as payment cards, newspapers, Internet advertising, search platforms for accommodations, software applications, etc. Competition policy has special features in two-sided markets, and the wisdom from standard markets may induce wrong decisions by competition authorities. Therefore, the paper discusses the definition of the relevant market in two-sided markets, when horizontal merger is beneficial to users, how predatory behaviour is defined, and other anti-competitive practices", journal = "Anali Pravnog fakulteta u Beogradu", title = "A few thoughts about competition policy in two-sided markets", pages = "422-399", number = "2", volume = "70", doi = "10.51204/Anali_PFBU_22202A", url = "conv_3368" }
Trifunović, D.. (2022). A few thoughts about competition policy in two-sided markets. in Anali Pravnog fakulteta u Beogradu, 70(2), 399-422. https://doi.org/10.51204/Anali_PFBU_22202A conv_3368
Trifunović D. A few thoughts about competition policy in two-sided markets. in Anali Pravnog fakulteta u Beogradu. 2022;70(2):399-422. doi:10.51204/Anali_PFBU_22202A conv_3368 .
Trifunović, Dejan, "A few thoughts about competition policy in two-sided markets" in Anali Pravnog fakulteta u Beogradu, 70, no. 2 (2022):399-422, https://doi.org/10.51204/Anali_PFBU_22202A ., conv_3368 .