Keywords
open innovation, ICT technology market, cooperation between competitors, dynamic competition, market standards, patent wars, FRAND, two-(multi-) sided e-business models
Abstract
In the markets of ICT-technology standardization, interoperability of equipment and product compatibility are crucial. Disclosure and sharing of knowledge accelerates the formation of innovation. The phases of the development of knowledge follow one another, referring to the predecessors. Access to global achievements is thus very important for progress. However, exclusive rights are not always used in favor an innovative competition, but also to create strategic barriers to entry for competitors. The current model of closed innovation, which is based on complete control of IPRs, is evolving towards a model of open innovation. Diffusion of knowledge and profits higher than those under a IPRs monopoly are present thanks to positive network effects. The combination of closed and open innovations can reflect the need to compromise between openness and covering the costs of organizing the platform, but also a strategic element of overall efforts to increase market share. Competition authorities should pay more attention to the perspective of dynamic competition and innovation, offering the opportunity to market and improving consumer welfare in the long run. Methods of sharing the intangible assets on ICT technology markets require a new look, as well as the synthesis of two trends: public regulation, primarily addressed to dominants, which forces them to share information and knowledge in situations where failure to do so makes it difficult/impossible for others to act (essential facility), as well as sharing assets voluntarily by an undertaking possessing a market standard which sees long-term benefits of this strategy, primarily related to the development of services on a platform built around the value chain based on a specific standard market and the related network effect. Sharing the value of various customer groups are defined as two-, (multi)-sided markets, which are often a marketplace of cooperation between competitors.
Recommended Citation
Szpringer, W. (2013). Two-(multi)-sided e-business models and competition law. internetowy Kwartalnik Antymonopolowy i Regulacyjny (internet Quarterly on Antitrust and Regulation), 2(1), 79-95. Retrieved from https://press.wz.uw.edu.pl/ikar/vol2/iss1/7
First Page
79
Last Page
95
Page Count
16
Publisher
University of Warsaw