Economists have long theorized about „perfect markets” — where buyers and sellers operate with complete information, zero transaction costs, and frictionless exchange. Despite technological advances, this ideal remains elusive in today’s fragmented digital economy.
Our current commerce landscape is siloed across competing platforms, each creating its own walled garden. Amazon, eBay, and specialized marketplaces for luxury goods may have digitized commerce, but they’ve simply replaced physical barriers with digital ones. These platforms deliberately maintain high costs and barriers designed to prevent users from migrating to competitors. Algorithms deployed by these platforms are trained explicitly to maximize revenue by adjusting prices dynamically based on comprehensive market data, often keeping prices artificially elevated depending on the broader internet pricing environment.
Such practices result in significant price disparities for identical assets across platforms. Inefficienc
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