It's problematic because nearly every platform either grows out of an application or needs its sponsor to build the initial suite of applications on the platform. You can't get past the chicken & egg problem otherwise - platforms aren't useful without applications, marketplaces aren't useful without participants, and nobody wants to bother with a platform or marketplace that isn't useful.
This is pretty easily worked around with a revenue threshold, though. If you own a marketplace where $25 is transacted annually and you want to participate in it, go for it. If you own a marketplace where $25B is transacted annually and you want to participate in it, there're some problems with that. This is already part of Warren's plan.
This is pretty easily worked around with a revenue threshold, though. If you own a marketplace where $25 is transacted annually and you want to participate in it, go for it. If you own a marketplace where $25B is transacted annually and you want to participate in it, there're some problems with that. This is already part of Warren's plan.