This past week, Yahoo Finance’s Jen Rogers interviewed Applico CEO Alex Moazed and Head of Platform Nicholas Johnson on Yahoo Finance: The Final Round. During the interview, they talk how modern monopolies have transformed from being less about products to being more about platforms. They also discuss how modern monopolies are starting to benefit the economy.
While Jen argued that the instability of networks could be a risk to companies and that monopolies do not seem to benefit a consumer, Alex explained the platform ecosystem and how competition among modern monopolies actually benefits its producers and consumers. Nick goes into further detail about how major companies like Apple are trying to build a network and chase the platform model. Click here to watch the full video.