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Market Definition: Use and Abuse

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Author Info

  • Unknown
  • Dennis Carlton

Abstract

Market definition is a crude though sometimes useful tool for identifying market power. The ambiguity in what analysts mean by market power (price above marginal cost, or excess profits) cannot be resolved by market share.

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Bibliographic Info

Article provided by Competition Policy International in its journal CPI Journal CPI 3(1).

Volume (Year): 3 (2007)
Issue (Month): ()
Pages:

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Handle: RePEc:cpi:cpijrn:3.1.2007:i=4904

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Web page: https://www.competitionpolicyinternational.com

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  1. David Evans & Richard Schmalensee, 2007. "The Industrial Organization of Markets with Two-Sided Platforms," CPI Journal, Competition Policy International, vol. 3.
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Cited by:
  1. Dennis Carlton & Ken Heyer, 2007. "The Year in Review: Economics at the Antitrust Division, 2006–2007," Review of Industrial Organization, Springer, vol. 31(2), pages 121-137, September.
  2. John Lopatka, 2011. "Market Definition?," Review of Industrial Organization, Springer, vol. 39(1), pages 69-93, August.
  3. Dennis W. Carlton, 2007. "Does Antitrust Need to be Modernized?," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 155-176, Summer.
  4. Lapo Filistrucchi, 2008. "A SSNIP test for two-sided markets: the case of media," Working Papers 08-34, NET Institute, revised Oct 2008.
  5. Hongjai Rhee & Minsoo Park, 2011. "Fixed-to-mobile call substitution and telephony market definition in Korea," Journal of Regulatory Economics, Springer, vol. 40(2), pages 198-218, October.
  6. Evans, David S. & Noel, Michael D., 2007. "Defining Markets That Involve Multi-Sided Platform Businesses: An Empirical Framework With an Application to Google's Purchase of DoubleClick," Working paper 551, Regulation2point0.

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