Regulation and the Internet: Public Choice Insights for Business Organizations Case Solution
Public choice argues that present business organizations as a means to create barriers to entry for new competitors seek regulation --something incumbent companies cannot do in the competitive environment. The Internet introduces different, and more complicated, relationships between regulatory and company institutions as the territorial authority of traditional governmental bureaus erodes and control over technology standards by business and nongovernmental organizations arises.
With some caveats that are important, public choice theory offers significant insights into exchange relationships between regulatory institutions and companies operating on the Internet. Furthermore, this case examines a specific application of public choice to the case of the Linux Standards Base, an Internet-based governing board for the open source system. The Linux Standards Base is a good example of restriction in a situation where the regulatory body is not a part of the government.
PUBLICATION DATE: October 01, 2003
This is just an excerpt. This case is about TECHNOLOGY & OPERATIONS