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Listen "Does The Internet Create More "Winner Take All" Companies?"
Episode Synopsis
The digital world is increasingly giving rise to "winner take all" industries, where a market is all but dominated by one company and, sometimes, a single smaller competitor. Since innovation is so often driven by competition and hindered by monopolies, this is a worrying trend — but its true extent, and its implications, are hardly clear. This week, we discuss various winner take all situations and what they mean for the future of innovation.
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