The tension between market shares and profit under platform competition
Paul Belleflamme
Université catholique de Louvain
The definition and measurement of market power are central issues in the theory of industrial organization. Paul Belleflamme discusses market environments in which one platform has a larger market share on both sides while obtaining a lower profit than the other platform, raising further doubts on using market shares as a measure of market power in platform markets. Read the Study
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