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Showing posts from June, 2016

First Draft! Online Platforms, Rate Parity, and the Free Riding Defence

S. Vezzoso (this blog's author), here.

Abstract: A two-sided platform business is a new type of intermediary to be found in a growing number of economic sectors. As to the hospitability industry in particular, recent innovations in the field of digital technologies prompted the rise of so called Online Travel Agents (OTAs) and the demise of the traditional merchant model.
Recently national competition authorities (NCAs) in the EU investigated so called rate parity clauses in the contracts between the three largest OTAs and their hotel partners. These are contract clauses laying down the hotelier’s obligation to display the same room prices across sales channels. The parallel investigations conducted by the NCAs revealed an array of serious anticompetitive effects stemming from rate parity obligations. While the German NCA concluded that there was insufficient evidence of the efficiency gains of these clauses, and therefore decided to prohibit them, the French, Italian and Swedish …

The ultimate Brexit Song

"It Doesn't Have To Be", Erasure, Video here.

You are one side
And I am on the other
Are we divided?

You are one side
I am on the other
Are we divided?
Why can't we live together
There are no rights
This isn't your decision
We need to talk of changing things
But no one wants to listen
It doesn't have to be like that
It doesn't have to be like that
It doesn't have to be like that

A heart on the inside
The same as any other
Are we divided?
Someone always has to suffer
We are broken
There's no one left to change it
Is that the way it has to be?
Why can't we rearrange it?
It doesn't have to be like that (One against one)
It doesn't have to be like that (One against one)
It doesn't have to be like that

Alava mo ja na me me limbaniango limbaniago
Zimbabwe abo naga na me me limbaniango limbaniago
Alava mo ja na me me limbaniango limbaniago
Zimbabwe abo naga na me me limbaniango limbaniago

What is the secret
In calling me a brother?
Are we…

Gestione collettiva dei diritti d’autore e dei diritti connessi e concessione di licenze multiterritoriali per i diritti su opere musicali per l’uso online nel mercato interno

AGCM, qui.

"L’Autorità ritiene che, in un contesto economico caratterizzato da profondi cambiamenti tecnologici, la mancata apertura del mercato nazionale della gestione dei diritti d’autore limita la libertà d’iniziativa economica degli operatori e la libertà di scelta degli utilizzatori. A suo parere, il mantenimento del monopolio legale appare in contrasto con l’obiettivo di rendere effettiva la libertà dei titolari del diritto di effettuare una scelta tra una pluralità di operatori in grado di competere con l’incumbent senza discriminazioni."

An Economic Policy Perspective on Online Platforms

B. Martens (JRC Science Hub), here.

"This report is based on the findings and conclusions that can be drawn from existing economic research literature and evidence; it does not present any new evidence. However, it is not meant to provide an exhaustive economic literature review on platforms; it focuses only on a limited number of issues that may be relevant from a regulatory policy perspective. It focuses on potential market failures in digital platforms and examines to what extent existing regulatory tools and self-regulation in platforms can address these failures, or whether there is a need for additional regulatory intervention."