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Innovation and Competition in the Digital Network Economy: A Legal and Economic Assessment on Multi-tying Practices and Network Effects (International by Jung Wook Cho

Innovation and Competition in the Digital Network Economy: A Legal and Economic Assessment on Multi-tying Practices and Network Effects (International

by Jung Wook Cho
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Book cover type: Hardcover
  • ISBN13: 9789041125743
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Kluwer Law International
  • Publisher Imprint: Kluwer Law International
  • Publication Date:
  • Pages: 310
  • Original Price: USD 196.0
  • Language: English
  • Edition: N/A
  • Item Weight: 613 grams
  • BISAC Subject(s): Antitrust

Through an in-depth analysis of the Korea Fair Trade Commission (KFTC) caseand#8212;which led to a December 2005 decision, currently under appeal at the Seoul High Court, condemning three fundamental tying practices embedded in Microsoftand#8217;s global business strategyand#8212;the author clearly establishes the precise nature of Microsoftand#8217;s anticompetitive practices, complete with clear technical descriptions of the underlying applications and digital media systems. The discussion develops valuable guidelines on such core issues as the following:

and#8226; network effect, tipping effect, and lock-in effect

and#8226; separability of Microsoftand#8217;s tied and tying products

and#8226; forced purchase by consumers of multiple tied products

and#8226; Microsoftand#8217;s reinforcement of market entry barriers

and#8226; Microsoftand#8217;s and#8220;normal business practiceand#8221; defense

and#8226; cumulative damage to consumersand#8217; interests

The bookand#8217;s ultimate legal and economic assessment clarifies ways in which government competition authorities can select from globally available options on a case-by-case basis, enforce re-pricing measures, avoid belated remedies, and continuously monitor new types of anticompetitive conduct.


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