Tuesday, March 13, 2007

When and how the internet is likely do decrease price competition?

Conventional wisdo

m seems to claim that, by lowering the cost of distribution and by making search easier for consumer, the introduction of the Internet is likely to intensify price competition.






http://links.jstor.org/sici?sici=0732-2399%281999%2918%3A4%3C485%3AWAHITI%3E2.0.CO%3B2-X&size=LARGE

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