Question

Whereas lines of competition are clearly defined in the more established industries, in the Internet industry they are blurred and indistinct, as companies that compete one day may be partners the next. True or False?

Answer 1

Answer:

True

Explanation:

The statement 'In internet industry the lines of competition are indistinct' can be considered True.

For an instance, Elance and oDesk were two freelancing websites where clients would post projects and hire freelancers over internet to get their job done.

Later on both the websites were merged into a single bigger site now known as the 'Upwork'.

Hence, it is true that in internet industry the companies that are competitors of each other can become partners the other day.