Are user shares indicative of market power?4 min read 04 Apr 2016, 12:30 AM IST
We are in the middle of a digital revolutioninnovation reigns supreme, rewards for winning are huge, and it is difficult to remain at the top
One version of an ancient Greek proverb says, “Nothing is constant but change." From the perspective of tech firms, this can be interpreted as being akin to a greasy pole that is particularly greasy at the top. Sustaining oneself at the top is difficult and market leadership often proves to be transient, which is why market shares or usage share shift suddenly and rapidly. In this article, I summarize some of the stories that highlight such fall from grace, analyse why such changes happen in the tech world, and discuss how public policy pertaining to these issues needs to evolve.
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