Alleman, James H.; Baranes, Edmond; Rappoport, Paul N. - In: Applied economics in the digital era : essays in honor …, (pp. 303-323). 2020
Facebook and Google and other internet giants are multisided markets (MSM). The user-side of the market, prices are … monopolistic aspect of the internet giants is addressed in the Chapter. Monopoly pricing is not well defined in multisided markets … at least 87 billion dollars. The dominant internet platforms can create three major harms to consumers: Increasing prices …