Carlo Cambini Nicola Meccheri

Competition and Efficiency in Online Digital Markets

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Abstract

As the Internet develops into a robust channel for (e)commerce, many experts state that in online markets competition would be stronger, prices would be much lower and so the market seems to approximate the competitive paradigm. Is this view correct? In this paper we review the growing literature on e-commerce and its market structure, and we analyze, in particular, how the typical ex-post intervention of competition policy could be applied in order to increase digital markets efficiency.

Keywords

  • E-commerce
  • Market Efficiency
  • Competition Policy

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