View: India needs to understand a new source of monopoly power: the network effect
India has banned TikTok and other Chinese apps, supposedly for security, but actually to punish Chinese military intrusion in Ladakh. For similar, though not identical, security reasons, the US is banning TikTok, WeChat and otherChinese apps. Microsoft, Google and other US rivals now want to buy TikTok and other Chinese apps. If they succeed, should … Read more