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The “marketplace” is the internet. Anyone can make a website and sell goods, with the same amount of effort as going to Amazon.com
by lotsofpulp 2y ago
The “marketplace” is the internet. Anyone can make a website and sell goods, with the same amount of effort as going to Amazon.com
- HappMacDonald 2y agoRight, just like anybody can spin up their own copy of Myspace. Monopolies most frequently form over either cornered resources (not the case here) or network effects (bingo).
- lotsofpulp 2y agoWhat network effects? You type in www.sellerX.com, click pay, and receive purchased item. Zero other entities involved other than buyer and seller, which means no network effects.