@article{Sun2017, 
author = {Baowen Sun and Wenjun Jing and Xuankai Zhao and Yi He},
title = {Research on market power and market structure: A direct measure of market power of internet platform enterprises},
year = {2017},
journal = {International Journal of Crowd Science},
volume = {1},
number = {3},
pages = {210-222},
keywords = {Market power, Economy of scale, Internet platform enterprise, New empirical industry organization, Welfare losses},
url = {https://www.sciopen.com/article/10.1108/IJCS-08-2017-0009},
doi = {10.1108/IJCS-08-2017-0009},
abstract = {PurposeThis paper aims to clear whether the monopoly structure of the internet industry has produced market power and discussed the welfare change of the internet industry monopoly.Design/methodology/approachBy using new empirical industrial organization methods and taking the e-commerce market as an example, the authors measured market power and economies of scale of the internet platform companies.FindingsInternet platform enterprises have formed scale economy, but it has not had market power, and the industry still maintains high levels of competition; also, the emergence of large enterprises may increase the welfare of consumers.Originality/valueThe conclusion of this paper clarified actual competition status of internet industry and provided a new foothold for regulation and ideas for the traditional industry to crack the Marshall Conflict.}
}