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Regulation when platforms are layered

Author

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  • Lehr, William
  • Clark, David
  • Bauer, Steve

Abstract

This paper represents a synthesis and extension of earlier work, applying the Lehr & Sicker (2018a,b) regulatory approach to the layered platform model of Claffy & Clark.3 Today's Internet ecosystem is comprised of multiple digital network platforms organized into a multi-layer architecture. Lower layer IP platforms provided by access and backbone ISPs collectively support the Internet, on which complementors may build higher-layer platforms, such as the digital network platforms provided by Google, Amazon, Facebook and Apple ("GAFA"). Each of these firms control and operate multiple platforms operating at multiple layers that comprise ecosystems within the larger Internet ecosystem to which they belong. Herein, we explore the viability of the Lehr & Sicker regulatory framework for a reformed and newly authorized FCC with authority to address the regulatory challenges confronting policymakers in this multi-layered ecosystem.

Suggested Citation

  • Lehr, William & Clark, David & Bauer, Steve, 2019. "Regulation when platforms are layered," 30th European Regional ITS Conference, Helsinki 2019 205193, International Telecommunications Society (ITS).
  • Handle: RePEc:zbw:itse19:205193
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    File URL: https://www.econstor.eu/bitstream/10419/205193/1/Lehr-et-al.pdf
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    References listed on IDEAS

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    6. Cave, Martin, 2014. "The ladder of investment in Europe, in retrospect and prospect," Telecommunications Policy, Elsevier, vol. 38(8), pages 674-683.
    7. Stocker, Volker & Smaragdakis, Georgios & Lehr, William & Bauer, Steven, 2017. "The growing complexity of content delivery networks: Challenges and implications for the Internet ecosystem," Telecommunications Policy, Elsevier, vol. 41(10), pages 1003-1016.
    8. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    9. Karen Clay & Ramayya Krishnan & Eric Wolff, 2001. "Prices and Price Dispersion on the Web: Evidence from the Online Book Industry," NBER Chapters, in: E-commerce, pages 521-539, National Bureau of Economic Research, Inc.
    10. Michael L. Katz, 2019. "Platform economics and antitrust enforcement: A little knowledge is a dangerous thing," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(1), pages 138-152, January.
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    Cited by:

    1. Briglauer, Wolfgang & Stocker, Volker, 2020. "Bedeutung digitaler Infrastrukturen und Dienste und Maßnahmen zur Förderung der Resilienz in Krisenzeiten," Policy Notes 42, EcoAustria – Institute for Economic Research.
    2. Rabah Arezki & Vianney Dequiedt & Rachel Yuting Fan & Carlo Maria Rossotto, 2021. "Working Paper 352 - Liberalization, Technology Adoption, and Stock Returns: Evidence from Telecom," Working Paper Series 2478, African Development Bank.

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