RAS PresidiumОбщественные науки и современность Obshchestvennye nauki i sovremennost

  • ISSN (Print) 0869-0499
  • ISSN (Online) 2712-9101

Aggregators Development: Strategies and Regulatory Framework

PII
S086904990011496-7-1
DOI
10.31857/S086904990011496-7
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 4
Pages
16-26
Abstract

Widespread Internet access in the latest decade gave ground for the emergence of information aggregators that by changing the traditional interactions between the supply and demand sides on the market, have become a kind of intermediaries on two-sided markets, thereby changing the shape of the industry. This paper while analyzing the potential benefits and costs of participants from emergence of the aggregator on the market identifies possible directions in adjusting the shape of competition. Moreover, it presents entry strategies for market aggregators and identifies potential problems related to the application of economic policy instruments in spheres involving aggregators.

Keywords
two-sided (multi-sided) markets, indirect network externalities, antitrust, competition, cooperation agreements, collusion, enforcement errors
Date of publication
17.08.2017
Year of publication
2017
Number of purchasers
4
Views
1162

References

  1. 1. Coase R. (1972) Industrial Organization: A Proposal for Research. Policy Issues and Research Opportunities in Industrial Organization, ed. By Victor R. Fuchs. Vol. 3 of Economic Research: Retrospective and Prospect, NBER General Series, N96. Cambridge: National Bureau of Economic Research, pp. 59–73.
  2. 2. Evans D.S., Schmalensee R. (2013) The Antitrust Analysis of Multi-Sided Platform Businesses (No. w18783). Cambridge: National Bureau of Economic Research.
  3. 3. Larson B. (2016) Case: Meyer v. Kalanick (http://www.reullab.gatech. edu/case-meyer-v-kalanick-2016/).
  4. 4. Menard Ñ. (2004) The Economics of Hybrid Organizations. Journal of Institutional and Theoretical Economics, vol. 160, no. 3, pp. 345–376.
  5. 5. Oskam J., Boswijk A. (2016) Airbnb: the future of networked hospitality businesses. Journal of Tourism Futur, vol. 2, no.1, pp. 22–42.
  6. 6. Passaro N. (2016) How Meyer v. Kalanick Could Determine How Uber and the Sharing Economy Fit into Antitrust Doctrine (December 4).
  7. 7. Pavlova N., Shastitko A. (2016). Leniency Programs and Socially Beneficial Cooperation: Effects of Type I Errors. Russian Journal of Economics, vol. 2, no. 4, pp. 375–401.
  8. 8. Schor J. (2014) Debating the sharing economy. Great transition initiative. October.
  9. 9. Shastitko A. Ye., Markova O.A. (2017) Agregatory vokrug nas: novaya real’nost’ i podkhody k issledovaniyu [Aggregators around us: the new reality and approaches to research]. Obshchestvennye nauki i sovremennost’, 2017, no. 4, pp. 5-15.
  10. 10. Shastitko A. Ye., Parshina Ye.N. (2016a) Osobennosti zashchity konkurentsii na dvustoronnikh rynkakh [Competition policy specifics on the two-sided markets]. Zakon, no. 2, pp. 92–102.
  11. 11. Shastitko A. Ye., Parshina Ye.N., (2016b) Rynki s dvustoronnimi setevymi effektami: spetsifikatsiya predmetnoi? oblasti [Markets with bilateral network effects: domain specification]. Sovremenna konkurentsiya, no. 1, pp. 35–48.
  12. 12. Williamson O.E. (1985) The Economic Institutions of Capitalism. Firms, Markets, Relational Contracting. New York: The Free Press.
  13. 13. Williamson O.E. (1996) Transaction Cost Economics and the Carnegie Connection. Journal of Economic Behavior&Organization, vol. 31, no. 2, pp. 149–155.
  14. 14. Zervas G., Proserpio D., Byers J. (2016) The Rise of the Sharing Economy: Estimating the Impact of Airbnb on the Hotel Industry. Boston: Univ. School of Management Research Paper, no. 2013–16.
QR
Translate

Индексирование

Scopus

Scopus

Scopus

Crossref

Scopus

Higher Attestation Commission

At the Ministry of Education and Science of the Russian Federation

Scopus

Scientific Electronic Library