Research on market power and market structure
PurposeThis paper aims to clear whether the monopoly structure of the internet industry has produced market power and discussed the welfare change of the internet industry monopoly.Design/methodology/approachBy using new empirical industrial organization methods and taking the e-commerce market as a...
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| Veröffentlicht in: | International journal of crowd science 2017-09, Vol.1 (3), p.210-222 |
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| container_title | International journal of crowd science |
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| creator | Sun, Baowen Wenjun Jing Zhao, Xuankai He, Yi |
| description | PurposeThis paper aims to clear whether the monopoly structure of the internet industry has produced market power and discussed the welfare change of the internet industry monopoly.Design/methodology/approachBy using new empirical industrial organization methods and taking the e-commerce market as an example, the authors measured market power and economies of scale of the internet platform companies.FindingsInternet platform enterprises have formed scale economy, but it has not had market power, and the industry still maintains high levels of competition; also, the emergence of large enterprises may increase the welfare of consumers.Originality/valueThe conclusion of this paper clarified actual competition status of internet industry and provided a new foothold for regulation and ideas for the traditional industry to crack the Marshall Conflict. |
| doi_str_mv | 10.1108/IJCS-08-2017-0009 |
| format | Article |
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| ispartof | International journal of crowd science, 2017-09, Vol.1 (3), p.210-222 |
| issn | 2398-7294 |
| language | eng |
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| source | DOAJ Directory of Open Access Journals; Emerald Open Access; EZB-FREE-00999 freely available EZB journals |
| subjects | Antitrust Competition Economies of scale Electronic commerce Internet Market positioning Market shares Monopolies Organization theory Predatory pricing Product differentiation Profits Search engines |
| title | Research on market power and market structure |
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