Competition Issues in India's Online Economy
Published By: National Institute of Public Finance and Policy | Published Date: April, 03 , 2017The world of high technology companies is seen as a dynamic area with a rapid pace of creative destruction. There is, however, a class of industries where there are strong network effects, where the market tends to collapse into a narrow set of players. After one burst of innovation where a new online business is born, there is the possibility of entrenched market power with the extraction of consumer surplus.
Author(s): Smriti Parsheera, Ajay Shah, Avirup Bose | Posted on: May 25, 2017 | Views() | Download (399)