Platforms seek to connect the services or products produced by one group to another group seeking to purchase the services or products. What theoretically differentiates platforms from traditional intermediaries is that “the two or more distinct sides retain control over the key terms of the interaction” such as “the pricing, bundling, marketing and delivery of the goods or services traded”; that each user invests (time, capital, or labour) into the platform in order to reap the potential rewards; and that payment passes through the platform.
Source : Disrupting together, the challenges (and opportunities) for platform co-operatives
Written by: Duncan McCann June 2018
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