Wednesday, November 20, 2013

Wireless Charging Technology Standard War

One of the topics I like to talk about is technology standards and its economic impact.  We have some classic historical examples such as railroad track gauges, the VHS vs. BetaMax, or the recently DVD standard.  Here is another one:  wireless charging technology standards.   While the article is short on the economics (and I will be as well here), this is an excellent example to see how firms behind different standards are investing to win a prize (i.e. be a monopolist for the dominant market accepted technology standard).

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