英文摘要 |
Regarding the prevalent free model in the internet industry, the first and foremost issue in relation to the antitrust law is to confirm from which side, the free service side or the advertisement side,the definition of relevant markets would be started. While the two-sided market theory thoroughly explains the relationship between internet users and advertisers, it fails to resolve such an issue. In contrast, one-sided market theory interprets the business model of internet industry as an upstream market and a downstream market, and thus solves the fundamental issue with regard to product market definition. Meanwhile, in order to avoid an overbroad market definition, attention should not be paid to the users' attention on the upstream market but the functionalities of internet products. Our empirical study perfectly supports this improvement. |