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There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
Free!! Google and Facebook!!! We all know them, what to worry about? Everything! The giants of the internet are … threat to social order and democracy posed by Facebook and Google, as well as others in the internet space. Facebook, and … on the internet. Indeed, they make money off the proliferation of this misinformation. For example, even by its own …
Persistent link: https://www.econbiz.de/10012012003
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive … internet giants are multisided markets (MSM); their economic rents are "hidden" from the public. On the user-side of the market … rents are not so obvious. This paper addresses the monopolistic/monopsony aspect of the internet giants. In the singlesided …
Persistent link: https://www.econbiz.de/10012151937
Free!! Google and Facebook!!! We all know them, what to worry about? Everything! The giants of the internet are … threat to social order and democracy posed by Facebook and Google, as well as others in the internet space. Facebook, and … on the internet. Indeed, they make money off the proliferation of this misinformation. For example, even by its own …
Persistent link: https://www.econbiz.de/10011991112