Skip to content
- The rapid increase in technology witnessed during the tech boom mimics that of the second industrial revolution.
- This has resulted in the consolidation of markets.
- In a historical lense, we can view how these trends can lead to a highly efficient society, or can lead to decreased quality of goods and price fixing.
- Market consolidation is inevitable in in our modern capitalistic society, but its implications are largely determined by the manner and extent we regulate these industries.