Classroom Companion: Business


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Introduction to Digital Economics

 
Chapter 14 · Mergers and Acquisitions


© The Author(s), under exclusive license to Springer Nature 
Switzerland AG 2021
H. Øverby, J. A. Audestad, Introduction to Digital Economics
Classroom Companion: Business,
https://doi.org/10.1007/978-3-030-78237-5_15
217
Standards
Contents
15.1 
 Why Standards? – 218
15.2 
 Standards Organizations – 220
15.2.1 
 ITU – 220
15.2.2 
 ETSI – 221
15.2.3 
 3GPP – 222
15.2.4 
 Internet Society – 223
15.2.5 
 World Wide Web Consortium – 224
15.2.6 
 Institute of Electrical and Electronics 
Engineers (IEEE) – 224
15.3 
 Market Implications
of Standards – 225
15.4 
 Standards and Interconnectiv-
ity, Interoperability, and
Backward Compatibility – 226
15.5 
 Standards for Trust
and Security – 227
15.6 
 Conclusions – 229
 Reference – 230
15


218
15
 
Learning Objectives
After completing this chapter, you should be able to:
5
Explain the necessity of developing standards for systems, protocols, and other 
functionalities of the information and communication technology to ensure 
interoperability and interconnectivity between devices and systems.
5
Provide examples of organizations responsible for developing different types of 
standards and identify the organization that is likely to have specified a standard 
for a particular technology.
5
Analyze the impacts of standards on the market for digital services, and, in 
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