Question

True or False: BIAS suppliers or Internet Service Providers operate in two-sided markets

Answer 1

Introduction:-

Two sided markets take place, when the intermediator offers a particular service to not just one particular group but in which an eco-system exists in which the same product can be used by multiple groups.

The biggest examples of a two sided market is a telephone directory such as yellow pages which clearly caters the needs of both advertisers and consumers and serves as a mutual platform for both of them. The consumers can get the numbers of people which they require, while the advertisers get a bigger platform to showcase their products and/or services.

Case Specifics:-

BIAS or Internet service Providers are a similar example, in which advertisers get a big platform to showcase their products and services while consumers get services such as streaming, music and other forms of entertainment in return.

Thus, it is reasonable to say that these providers have a two sided market operation in which they cater to the needs of more than one interest group.

Therefore the statement that "BIAS suppliers or Internet Service Providers operate in two-sided markets" is true

Please feel free to ask your doubts in the comments section if any.