Two-Sided Telecom Markets and the Unintended Consequences of Business Strategy
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In this brief paper, I examine the two-sided nature of telecommunications. It is clear that a traditional telecom is a platform allowing a calling party (C) to connect to a receiving party (R). However, it is, in a sense, too easy to label economic activity as two-sided. Without clear limits, most activities appear to be of a twosided nature. Therefore, I begin by examining whether telecoms meet the conditions of two-sidedness as defined by Tirole and Rochet in their 2007 paper.