Question: 1. Explain why network externalities are much smaller in the general internet search market than they are for social media. 2. Provide a critique of

1. Explain why network externalities are much smaller in the general internet search market than they are for social media.

2. Provide a critique of Google’s responses to the European Commission.

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1 The value or pleasure a person experiences from using a particular social network site such as Facebook is heavily dependent on the number of other people who use the same social network If a busine... View full answer

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