a) The effects of e-commerce on intermediation will also depend on the characteristics of the goods under consideration: high degrees of standardization, a low complexity of valuation, and ease of description are prerequisites to distribute goods via e-commerce.

b) Obviously, the goods that can be sold this way largely consist of all the goods that are distributed via catalogue sales and TV-shopping channels (e.g. books, fashion, CDs, travel arrangements, etc.).

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