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Which of the following firms acts as platform provider in two-sided markets? Select all that apply1 pointEbayGoogleNikeBank of America

Question

Which of the following firms acts as platform provider in two-sided markets? Select all that apply

  1. Ebay
  2. Google
  3. Nike
  4. Bank of America
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Solution

The firms that act as platform providers in two-sided markets from the given options are:

  1. Ebay
  2. Google

Explanation:

A two-sided market, also known as a two-sided network, is a platform that brings together two distinct user groups who provide each other with network benefits.

  1. Ebay is a clear example of a two-sided market. It connects buyers and sellers, providing a platform for individuals and businesses to sell their products to consumers.

  2. Google also operates in a two-sided market. On one side, it provides a platform for users to search for information, and on the other side, it allows businesses to advertise their

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