A PYMNTS Company

Why the Multi-Sided Platform Literature Kills the P≥MC Result and What It Means for Antitrust

 |  December 20, 2015

David Evans, Aug 029, 2013

This is the second in a series of columns in which I am going to develop the
argument that the economics profession now knows that many standard results do
not in fact apply—at least not without modification—to businesses that are multisided platforms. These columns are based in part on a presentation and a related paper that I gave at the ABA Spring Antitrust Meetings on April 10, 2013 and my recent survey of multisided platforms with Dick Schmalensee.