Changes in the broadband Internet market are affecting industry players, consumers and the policymakers who oversee this space. The unexpected impact of dynamic competition in the Internet ecosystem and the rise of new broadband marketplace structures, such as the “value circle,” are upending the way we look at value creation and competition in the Internet space.
What you will learn
Innovation and technology policy thought leader Robert D. Atkinson will engage Jonathan Sallet and Jeff Eisenach in an interactive discussion of their views on the dynamics of broadband competition: Sallet’s “Broadband Value Circle” and Eisenach’s “Theories of Broadband Competition.”
Jonathan Sallet, a partner in O’Melveny’s Washington DC office and former Chief Policy Counsel of MCI, describes why the traditional value chain – a hierarchical ordering of inputs that results in the ability of one firm (a manufacturer of automobiles, for example) to offer a finished product directly to consumers – is not applicable in the broadband space. Sallet explains that today’s broadband marketplace is witnessing the rise of a new structure in which multiple companies, not necessarily in the same product markets, are able to offer competing packages of value to consumers.
Read the full paper: The Creation of Value: The Broadband Value Circle and Evolving Market Structures (pdf)
Jeffrey Eisenach, Managing Director and Principal at Navigant Economics and an Adjunct Professor at George Mason University Law School, has developed a new understanding of dynamic competition in the Internet ecosystem that explains the structure/performance paradox performance of Internet markets, whereby competitive outcomes coexist with relatively high levels of market concentration. Eisenach makes the case for case-specific enforcement rather than a prescriptive regulatory approach to government oversight of broadband Internet competition.
Read the full paper: Theories of Broadband Competition (pdf)
Robert D. Atkinson, founder and president of the Information Technology and Innovation Foundation, author of Innovation Economics: The Race for Global Advantage, and an international thought leader and advisor on technology and innovation policy, will moderate the briefing.
Who should attend
- Broadband industry players looking to understand the competitive forces affecting their businesses and the implications for policy,
- Broadband policymakers, including Hill staff and competition or antitrust regulators, looking to learn more about what is happening at the competitive edge of market innovation,
- Thought leaders and think tanks looking to understand the latest scholarship about competition in this industry space,
- Broadband industry analysts, consultants, and economists looking to enhance their understanding of evolving industry competitive forces and policy implications,
- Journalists looking for the latest angle on how and why companies are competing in this fast-paced marketplace, and
- Consumers seeking to learn about the challenges facing many of today’s leading innovative companies as they race to release the newest products to market.
There is no fee to participate in this briefing, but registration is required.