Compatibility, interoperability, and market power in upgrade markets
Publication
, Journal Article
Anton, JJ; Biglaiser, G
Published in: Economics of Innovation and New Technology
June 1, 2010
We examine the market power of a seller who repeatedly offers upgraded versions of a product. In the case of pure monopoly, the seller also controls compatibility across versions. In the case of an entrant who offers an upgrade, the incumbent seller also controls subsequent interoperability across versions. We argue that control of compatibility and interoperability does not allow an incumbent seller to charge a price premium relative to when such control is absent and, consequently, neither is a necessary source of market power. © 2010 Taylor & Francis.
Duke Scholars
Published In
Economics of Innovation and New Technology
DOI
EISSN
1476-8364
ISSN
1043-8599
Publication Date
June 1, 2010
Volume
19
Issue
4
Start / End Page
373 / 385
Related Subject Headings
- Economics
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Anton, J. J., & Biglaiser, G. (2010). Compatibility, interoperability, and market power in upgrade markets. Economics of Innovation and New Technology, 19(4), 373–385. https://doi.org/10.1080/10438591003603163
Anton, J. J., and G. Biglaiser. “Compatibility, interoperability, and market power in upgrade markets.” Economics of Innovation and New Technology 19, no. 4 (June 1, 2010): 373–85. https://doi.org/10.1080/10438591003603163.
Anton JJ, Biglaiser G. Compatibility, interoperability, and market power in upgrade markets. Economics of Innovation and New Technology. 2010 Jun 1;19(4):373–85.
Anton, J. J., and G. Biglaiser. “Compatibility, interoperability, and market power in upgrade markets.” Economics of Innovation and New Technology, vol. 19, no. 4, June 2010, pp. 373–85. Scopus, doi:10.1080/10438591003603163.
Anton JJ, Biglaiser G. Compatibility, interoperability, and market power in upgrade markets. Economics of Innovation and New Technology. 2010 Jun 1;19(4):373–385.
Published In
Economics of Innovation and New Technology
DOI
EISSN
1476-8364
ISSN
1043-8599
Publication Date
June 1, 2010
Volume
19
Issue
4
Start / End Page
373 / 385
Related Subject Headings
- Economics
- 1402 Applied Economics