An abuse of market power
2 April 2012
There are legitimate concerns about large members of online marketplaces abusing their position, to the detriment of smaller competitiors, argues Dick Jennings
There’s a lot to be said for business-to-business electronic marketplaces. Just as well, there’s a lot of them. From Covisint (combining Ford, General Motors, DaimlerChrysler, Renault and Nissan) downwards, they are being established in most industry sectors.
Above all, these marketplaces hold out the promise of lower buying costs. Lower because of transactional...