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| Auteur||A. Malik|
|Titel||Regulating network industries going online.|
|Begeleiders||J. Seldeslachts, T. Offerman|
|Faculteit||Faculteit Economie en Bedrijfskunde|
|Samenvatting||Traditional network industries such as communications, banking and advertising are modernizing and going online, and the internet, the face of the future, is giving rise to prominent new network industries such as social networking and online advertising. The internet is changing the shape and form of how business is conducted and with the advent of network industries on the internet the characteristics of competition have also changed. The current tests in the regulatory framework of the European Commission concerning conduct by a dominant firm are no longer sufficient at capturing these changes in competition and the subsequent new possibilities of misconduct and abuse that are arising.|
In this thesis I will make recommendations on how to adapt the current regulatory framework of the European Commission to account for the advent of these industries. I refer to these industries as markets with incompatible networks since the defining characteristic that firms in these industries have in common is the ability to set their own standards; these could be technical standards that define the technology, as with email services, or standards which allow for incompatibilities for consumers across competing products and services, as with social networking.
I find that the most urgent threat to competition in markets with incompatible networks comes not only from the lack of regulation concerning private content such as photos and videos but also personal information and data on the preferences of consumers. Furthermore, I come to the conclusion that though the current regulatory framework is concerned with the protection of competitors in the market, the focus should instead be on safeguarding and maintaining the competitive process (that is, the means to compete in the market). With this in mind, I identify innovation and information as the two most vulnerable aspects of the competitive process in these markets and call for stronger regulation to police the new networks.
|Soort document|| scriptie master|
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