E-Conomics pp 12-13 | Cite as


  • Carl Shapiro
Part of the European Communication Council Report book series (EUROCOMM)


As the century closed, the world became smaller. The public rapidly gained access to new and dramatically faster communication technologies. Entrepreneurs, able to draw on unprecedented scale economies, built vast empires. Great fortunes were made. The government demanded that these powerful new monopolists be held accountable under antitrust law. Every day brought forth new technological advances to which the old business models seemed no longer to apply. Yet, somehow, the basic laws of economics asserted themselves. Those who mastered these laws survived in the new environment. Those who did not, failed.


Dispute Resolution Mutual Understanding Network Economy American Perspective Digital Revolution 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2000

Authors and Affiliations

  • Carl Shapiro
    • 1
  1. 1.University of CaliforniaBerkeleyUSA

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