by 21st Century Competition | May 8, 2014
Every country that is party to a cooperation agreement guarantees to take account of the important interests of the other parties to the agreement when applying its own competition law. See comity, positive comity. Source: Glossary of terms used in EU competition...
by 21st Century Competition | May 8, 2014
Network effects arise when a product is more valuable to a user, the more users adopt the same product or compatible ones. Economists refer to this phenomenon as a network externality, because when additional consumers join the network of current consumers they have a...
