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The video introduces the concept of a digital monopoly, explaining its significance and implications in the digital world.

What is a digital monopoly?

• A company that controls a large share of the digital market

• A government-owned digital platform

• A traditional business with no online presence

• A small startup in the tech industry

Which of the following is a characteristic of digital monopolies?

• Low customer base

• Significant control over digital platforms

• High competition

• Limited market influence

What is one implication of a digital monopoly?

• Increased market competition

• More choices for consumers

• Reduced innovation

• Lower prices for consumers

How do digital monopolies affect consumer choice?

• They increase the number of options available

• They limit the choices available

• They have no impact on consumer choice

• They encourage new competitors

What is a potential benefit of digital monopolies?

• Decreased service quality

• Reduced market control

• Higher prices for consumers

• Increased innovation