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Right, 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 ef
by HappMacDonald 2y ago
Right, 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.