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The Tension Between Market Shares and Profit Under Platform Competition
Paul Belleflamme
Martin Peitz
Eric Toulemonde
出版
Centre for Economic Policy Research
, 2020
URL
http://books.google.com.hk/books?id=-Y_gzQEACAAJ&hl=&source=gbs_api
註釋
We introduce asymmetries across platforms in the linear model of competing two-sided platforms with singlehoming on both sides and fully characterize the price equilibrium. We identify market environments in which one platform has a larger market share on both sides while obtaining a lower profit than the other platform. This platform enjoys a competitive advantage on one or both sides. Our finding raises further doubts on using market shares as a measure of market power in platform markets.