This book reviews recent progress in the theory of oligopoly and market leadership and provides new results on the theory of Stackelberg competition and Nash competition with strategic investment under endogenous entry. These theories are applied to models of competition in quantities, prices and to patent races. The results are used to propose a new approach to competition policy and issues of the abuse of dominance.These have typically been at the base of Microsoft defense in its antitrust cases. ... If demand by PC users for media player functionality was limited just a few years ago, now it appears that these functionalities are an essential component of an OS. ... memory, and in the streaming technology made it simple and efficient to bundle media player functionality within current OSs. ... For instance, word processors and spell checkers were in separate markets many years ago, not today.
|Title||:||Competition, Innovation, and Antitrust|
|Publisher||:||Springer Science & Business Media - 2007-09-05|