Why Wireless Markets Are Concentrated

Why Wireless Markets Are Concentrated - interesting, shared on Viet-studies.

... benefits that flow from competition — lower prices, more choices and more innovation.

BUT


... the wireless markets in most nations are highly concentrated

WHY?

... forces that lead toward “natural monopolies,” or at least oligopolies: high fixed costs — the investment needed to build out networks — and the efficiencies that come from providing services to millions of customers.

SO WHAT?

if markets are inevitably concentrated ... The three options, Mr Noam explained, are regulation, antitrust and DOING NOTHING— betting that technological change will shake up markets.

The Justice Department is betting on options two and three.