Economics · Digital Economy
Continuous massive data accumulation by dominant digital firms primarily has which economic effect on market dynamics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Reduces the importance of competition policy
- 2Creates competitive advantages that can discourage new entrants✓
- 3Completely eliminates economies of scale
- 4Ensures perfect competition in the market
Correct answer
Creates competitive advantages that can discourage new entrants
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