As the result of internet and e-commerce, the number of intermediaries has indeed been reduced for digitalized products as well as services such as brokerage, retail, and auctions.

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Internet and e-commerce have eliminated or reduced the need for intermediaries in many industries, including brokerage, retail, and auctions. This has led to increased efficiency and cost savings for both sellers and buyers.

As the Result of Internet and E-Commerce, the Number of Intermediaries