FTC leaves questions unanswered
13 September 2012
In the wake of a US report into online marketplaces, many purchasers remain sceptical about the likely benefits of such ventures. David Arminas gauges the mood
For all the complexity of last month’s US Federal Trade Commission (FTC) report, a startlingly simple conclusion was reached about Covisint, the giant auto exchange. Proof of any anti-competitive behaviour will be in the pudding, as Covisint is yet to be up and running anywhere near as fully as the hype might suggest.
The commission’s report concluded that there...