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Story perspectives

Platform Models Drive Prices Up, Squeeze Small Businesses

10/26/2025

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Story summary
  • The rise of platform models in healthcare and housing is driving higher prices, squeezing labor, and creating a culture of extraction.
  • This shift mirrors wealth concentration seen during the Gilded Age.
  • Despite internet optimism, platforms like Amazon and Google have monopolized wealth, leaving small businesses struggling.
  • Experts advocate regulations to protect smaller entities from excessive platform fees and ensure fair competition.