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Many diverse industries are populated by businesses that operate two-sided platforms. These businesses serve distinct groups of customers who need each other in some way, and the core business of the two-sided platform is to provide a common (real or virtual) meeting place and to facilitate...
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Two-sided platforms (2SPs) cater to two or more distinct groups of customers, facilitating value-creating interactions between them. The village market and the village matchmaker were 2SPs; eBay and Match.com are more recent examples. Other examples include payment card systems, magazines,...
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This paper provides an introduction to the economics of two-sided platforms (2SPs) and its application to competition policy issues. 2SPs cater to two or more distinct groups of customers. Members of one customer group need members of the other group for a variety of reasons that we explore. The...
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