A different kind of matchmaker.Many of the most dynamic public companies, from Alibaba to Facebook to Visa, and the most valuable start-ups, such as Airbnb and Uber, are matchmakers that connect one group of customers with another group of customers. Economists call matchmakers multisided platforms because they provide physical or virtual platforms for multiple groups to get together. Dating sites connect people with potential matches, for example, and rid...

The pieces in this volume draw on the lessons of the past to set out how competition rules might deal with this new set of concerns, in various jurisdictions around the world. Each one draws on general themes, yet nevertheless addresses specific aspects of the contemporary debate. Much of today's antitrust discussion concerns the businesses run by large companies such as Amazon, Apple, Facebook, Google, and Microsoft. Each has significant share in a given industry, and derives its revenues...

This collection of essays represents the second in a series of two volumes that set out to reflect the state of the art ofantitrust thinking in digital markets in jurisdictions around the world. The issues it tackles are many: the role of innovation,the conundrum of big data, the evolution of media markets, and the question of whether existing antitrust tools are sufficientto deal with the challenges of digital markets. Each author tackles the overarching themes fro...

The definitive account of the trillion-dollar payment card industry.The payment card business has evolved from its inception in the 1950s as a way to handle payment for expense-account lunches (the Diners Club card) into today's complex, sprawling industry that drives trillions of dollars in transaction volume each year. Paying with Plastic is the definitive source on an industry that has revolutionized the way we borrow and spend. More than a history book...

Harnessing the power of software platforms: what executives and entrepreneurs must know about how to use this technology to transform industries and how to develop the strategies that will create value and drive profits.Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web po...

This book explores the implications of the U.S. Supreme Court’s ruling in Ohio et al. v. American Express, and the preceding litigation, for the treatment of multisided platforms under U.S. antitrust law. It is based on a series of articles that the authors wrote (either jointly or individually), leading up to and in the aftermath of the Supreme Court’s decision.The authors consider that the Supreme Court ruling provides valuable guidance for antitrust analysis in such markets. Thi...

By day, every year over 40,000 visitors pour in. Across the Rio Grande, a hundred miles away, Mexican mountaineers use the white domes as landmarks. By night, perched almost 7,000 feet above the sleeping, earthbound world, astronomers probe the secrets of the night sky. This is the University of Texas McDonald Observatory, one of the world's largest university-operated astronomical installations.Big and Bright: A History of the McDonald Observatory is the story of a remark...

This book, Media Markets and Competition Law: Multinational Perspectives, published by Competition Policy International, in partnership with the Antitrust & Public Policy Review (formerly, Italian Antitrust Review), is a selection of 14 brief essays designed to provide a multinational perspective on the current state, and future, of competition law in media markets. This book builds on the contributions made for the Jevons Institute Colloquium on Future Perspectives on Media Markets, held ...

Sir John Herschel, one of the founders of Southern Hemisphere astronomy, was a man of extraordinarily wide interests. He made contributions to botany, geology, and ornithology, as well as to astronomy, chemistry, and mathematics. Throughout his scientific career he kept a diary, recording his public and private life. The diaries from 1834 to 1838, years he spent making astronomical observations at the Cape of Good Hope, are reproduced in this book and prove to be much more than an ordinary...

A practical guide to the new economy that is transforming the way we live, work, and play.Uber. Airbnb. Amazon. Apple. PayPal. All of these companies disrupted their markets when they launched. Today they are industry leaders. What’s the secret to their success?These cutting-edge businesses are built on platforms: two-sided markets that are revolutionizing the way we do business. Written by three of the most sought-after experts on platform businesses, ...

**A New York Times BestsellerFrom one of our leading technology thinkers and writers, a guide through the twelve technological imperatives that will shape the next thirty years and transform our lives**Much of what will happen in the next thirty years is inevitable, driven by technological trends that are already in motion. In this fascinating, provocative new book, Kevin Kelly provides an optimistic road map for the future, showing how the coming changes in our li...

**The #1 New York Times bestseller that examines how people can champion new ideas in their careers and everyday life—and how leaders can fight groupthink, from the author of Hidden Potential, Think Again, and the co-author of Option B“Filled with fresh insights on a broad array of topics that are important to our personal and professional lives.”—The New York Times DealBook“Originals is one of the most important and cap...