Joshua Gans, Jul 27, 2010
Two-sided platforms have represented an antitrust challenge in a similar way to the challenge posed by innovation and dynamics. Put simply, a seeming lack of price competition to one set of consumers may mask competition for another, related set of consumers. That is, low competition within one side of the market may simply reflect intense competition for the other side of the market. This notion has been traditionally a focus in media markets where media outlets have
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