Platform businesses such as Google and Facebook:
A) do not face competition.
B) use data to retain market power.
C) are highly regulated.
D) are public utilities.

Name: Platform businesses such as Google and Facebook: A) do not face competition. B) use data to retain market power. C) are highly regulated. D) are public utilities.
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Question

Quizplus · Accepted Answer

Platform businesses like Google and Facebook leverage data to enhance their services and maintain a competitive edge, thereby retaining market power.

Platform Businesses Such as Google and Facebook