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Therefore, when platforms are only horizontally differentiated, a publicly owned platform must exist.
Thus, a policy implication of our model is that the case for an "advertising-free" publicly owned platform implies that the publicly owned platform has sufficiently high quality compared with its rival.
In the case of competition between a publicly owned platform and a private platform, the advertising levels of both platforms decrease with the quality differential ((v_{1}-v_{2})) of the publicly owned platform.
In region B, a publicly owned platform undertakes a lower level of advertising than a private firm.
However, publicly owned platform 1 operates in contrast to a private platform, as observed in the following proposition.
ii) If advertising is socially harmful ((k<1)), then the publicly owned platform undertakes less advertising than the private platform.
Similar(26)
Publicly owned platforms are prominent in the broadcasting media industry in many Western countries.
It will have its own platform.
He doesn't often get his own platform.
Like Pandora, Apple's radio service would have advertising, carried through Apple's own platform.
But Landrieu is a formidable politician, and she is running on her own platform.
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