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Concentration of media ownership, also known as media consolidation or media convergence, is a process wherein fewer individuals or organizations control shares of the mass media. [1] Research in the 1990s and early 2000s suggested then-increasing levels of consolidation, with many media industries already highly concentrated where a few ...
Between 1995 and 2000, Internet start-ups encouraged investors to pour large sums of money into companies with ".com" in their business plan. When the commercialization of the Internet became more acceptable and fast-paced, Internet companies began to form rapidly with minute planning in order to get into what they thought would be easy money.
At the initial trial which began in 1998, the United States District Court for the District of Columbia ruled that Microsoft's actions constituted unlawful monopolization under Section 2 of the Sherman Antitrust Act of 1890, [2] but the U.S. Court of Appeals for the D.C. Circuit partially overturned that judgment in 2001. [1]
The Internet: It's sure been around awhile. There is now a whole generation that wonders about the purpose of a printed map and why in the world phone directories exist. But even with its ...
1999: America Online has over 18 million subscribers and is now the biggest internet provider in the country, with higher-than-expected earnings. It acquires MapQuest for $1.1 billion in December.
Monopolization is defined as the situation when a firm with durable and significant market power. For the court, it will evaluate the firm’s market share. Usually, a monopolized firm has more than 50% market share in a certain geographic area.
The significance of the Internet in the creation of these monopolies, in more recent years, has been somewhat diminished due to increased knowledge and awareness of how to use the technology. At the same time, the ever-increasing complexity of digital technologies strengthens monopolies of knowledge, according to the New York Times :
This article describes how the Internet was and is currently governed, some inherent controversies, and ongoing debates regarding how and why the Internet should or should not be governed in the future. [1] (Internet governance should not be confused with e-governance, which refers to governmental use of technology in its governing duties.)