Alleman, James H.; Baranes, Edmond; Rappoport, Paul N. - 2019
The internet giants - Facebook, Amazon, Netflix and Google, among others - have transformed society with both positive … pricing in this context. Initial estimates of Google's and Facebook's social cost in terms of consumers' welfare loss are $54 … privacy, and monopolistic behavior. By traditional measures Facebook and Google are highly concentrated. Each has obtained de …