COMPETITION IN A NETWORK INDUSTRY - THE TELEPHONE INDUSTRY, 1894-1910
成果类型：
Article
署名作者：
Columbia University
刊物名称：
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN：
0022-0507
DOI：
10.1017/S0022050700015035
发表日期：
1994
页码：
543-572
关键词：
摘要：
The re-emergence of AT&T as the dominant firm in the telephone industry resulted from its adopting a predatory response to entrants. AT&T's strategy was effective because government regulations and capital market imperfections provided the incumbent with a first-mover advantage that prevented challengers from entering simultaneously in all markets.