Theory predicts that in markets with increasing returns, the number of differentiated products and resulting consumer satisfaction grow in market size. We document this phenomenon across 246 US radio
Amazon is the leading vendor in the global smart speaker market, having a market share of 28. percent in the first quarter of 2022. Google is Amazon’s closest competitor, with a share of 17.2 percent
Only one in ten global consumers would prefer to buy video games from a brick-and-mortar store. During a July 2022 survey, responding consumers from Hong Kong still had the strongest affinity for buyi