Google+ and Facebook’s natural monopoly in social networks
Posted in Analysis, Economics, Facebook, Google, Microsoft, Tech Industry on July 17th, 2011 by leodirac – 2 CommentsNatural monopolies occur when it is economically favorable to have a single standard vendor for a product or service. In these situations, monopolies tend to appear and maintain themselves naturally. When I say “economically favorable” I mean in the aggregate — the entire economy operates more efficiently because of the standard. Which [...]
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