Does the Internet tend towards natural monoplies? Columbia Law professor Tim Wu makes a strong argument that it does in an Op-Ed in this weekend's Wall Street Journal. While there is plenty of diversity on the Internet and few barriers to setting up shop, he points out that category after category is dominated by a single firm: Google, Facebook, Amazon, Skype, Twitter, Apple, and eBay. If you define a market narrowly enough, it is easy to make any company look like a monopoly. But let's concede that the Internet creates a lot of winner-take-most, if not a winner-take-all, situations. The bigger question is: How durable are information monopolies on the Internet?
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QUANTA COMPUTER RESEARCH IN MOTION ROGERS COMMUNICATIONS SAIC
