Two-sided market definition: some common misunderstandings

Q2 Social Sciences European Competition Journal Pub Date : 2021-01-02 DOI:10.1080/17441056.2020.1851478
Gunnar Niels, Helen Ralston
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引用次数: 2

Abstract

ABSTRACT Market definition remains an important step in competition cases. The European Commission is in the process of updating its 1997 Market Definition Notice. One hotly debated topic is defining markets for two-sided platforms. In this article we address some of the main questions and misunderstandings about two-sided market definition, We discuss how the hypothetical monopolist test and critical loss analysis apply to two-sided platforms, and address questions such as: Should there be one market for the platform, or two markets (one for each side)? Is there a distinction in market definition between transaction and non-transaction platforms? What if the externalities flow in only one direction? What if the price is zero on one side of the platform? And can the market include non-platform competitors?
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双边市场定义:一些常见的误解
摘要市场定义仍然是竞争案件中的一个重要步骤。欧盟委员会正在更新其1997年《市场定义公告》。一个激烈争论的话题是为双边平台定义市场。在这篇文章中,我们解决了关于双边市场定义的一些主要问题和误解。我们讨论了假设的垄断者测试和临界损失分析如何应用于双边平台,并解决了以下问题:平台应该有一个市场,还是两个市场(每方一个)?交易平台和非交易平台在市场定义上有区别吗?如果外部性只朝一个方向流动呢?如果平台一侧的价格为零怎么办?市场能包括非平台竞争对手吗?
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来源期刊
European Competition Journal
European Competition Journal Social Sciences-Law
CiteScore
1.50
自引率
0.00%
发文量
12
期刊介绍: The European Competition Journal publishes outstanding scholarly articles relating to European competition law and economics. Its mission is to help foster learning and debate about how European competition law and policy can continue to develop in an economically rational way. Articles published in the Journal are subject to rigorous peer review by leading experts from around Europe. Topics include: -Vertical and Conglomerate Mergers -Enlargement of the Union - the ramifications for Competition Policy -Unilateral and Coordinated Effects in Merger Control -Modernisation of European Competition law -Cartels and Leniency.
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