Disintermediation does not benefit the consumer.

Question

Quizplus · Accepted Answer

Disintermediation refers to the elimination of intermediaries or middlemen between consumers and producers. It can lead to lower prices for consumers as it cuts out the middlemen who add their own markups to the price. This can benefit consumers as they can purchase products at cheaper prices. However, disintermediation can also have drawbacks and may not always benefit the consumer. For example, it can reduce the level of customer support and assistance available, limit the availability of certain products in some areas, and lead to difficulties in resolving disputes.

Disintermediation Does Not Benefit the Consumer