Todd Suomela's Library tagged monopoly →  View Popular, Search in Google

"Each of these technologies, Wu argued, started out as gloriously creative, anarchic and uncontrolled. But in the end each was "captured" by corporate power, usually aided and abetted by the state. And the process in each case was the same: a charismatic entrepreneur arrived with a better consumer proposition – for example, a unified system and the guarantee of a dial tone in telephony; or a steady flow of good-quality movies created by a vertically integrated studio system in the case of movies – that enabled a corporation or a cartel to attain control of the industry. The big question, Wu asked, is whether this will happen to the net."

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"The usual narrative is that capitalism and perfect competition are synonyms. No one is a monopoly. Firms compete and profits are competed away. But that’s a curious narrative. A better one frames capitalism and perfect competition as opposites; capitalism is about the accumulation of capital, whereas the world of perfect competition is one in which you can’t make any money. Why people tend to view capitalism and perfect competition as interchangeable is thus an interesting question that’s worth exploring from several different angles."

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"DRM on ebooks is dead. (Or if not dead, it's on death row awaiting a date with the executioner.)

It doesn't matter whether Macmillan wins the price-fixing lawsuit bought by the Department of Justice. The point is, the big six publishers' Plan B for fighting the emerging Amazon monopsony has failed (insofar as it has been painted as a price-fixing ring, whether or not it was one in fact). This means that they need a Plan C. And the only viable Plan C, for breaking Amazon's death-grip on the consumers, is to break DRM. "

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Under certain market conditions, cartels arise naturally without collusion. This raises important questions over how the behavior should be controlled.

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"During the talk, he used the image below (from this article – .pdf) to argue that journal publishers have a monopoly. The surface progress of openness belies a deeper, more dramatic period of conflict around openness that is only now beginning. "

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"Terremark's building in Miami is the physical meeting point for more than 160 networks from around the world. They meet there because of the building's excellent security, its redundant power systems, and its thick concrete walls, designed to survive a category 5 hurricane. But above all, they meet there because the building is "carrier-neutral." It's a Switzerland of the Internet, an unallied territory where competing networks can connect to each other. Terremark doesn't have a dog in the fight. Or at least it didn't."

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