Intermediaries -

: Intermediaries manage and diversify risks for their clients, such as a mutual fund spreading an investor's capital across various stocks to reduce the impact of a single failure.

: Data intermediaries act as neutral third parties that connect data holders with users. They must maintain structural separation to ensure they don't profit directly from the data they handle. intermediaries

: Wholesalers, retailers, agents, and brokers (e.g., real estate or literary agents). : Intermediaries manage and diversify risks for their

: Financial intermediaries like banks provide secure places to store money, ensuring the safety of assets while offering depositors easy access via checks or cards. and brokers (e.g.