platform competition

Platform competition refers to the rivalry between different digital or service platforms—like social media sites, app stores, or online marketplaces—that connect producers with consumers. Each platform seeks to attract users and developers to create a larger, more active community, making the platform more valuable. Competition occurs as these platforms try to outdo each other through better features, lower costs, or wider reach, aiming to become the preferred choice for both users and content creators. This dynamic drives innovation and can influence prices, quality, and overall user experience in the digital ecosystem.