When size is all that matters

01 December 2019 - 00:04 By JAMES TITCOMB

For years, the big internet companies have employed a simple argument to brush off fears that their growing influence and position in our daily lives amount to monopoly.

Because their services are online and provided for free, they say, their dominant market shares cannot be compared to those enjoyed by railway or oil giants of decades past. Unlike tycoons such as John Rockefeller or Andrew Carnegie, the new barons - Mark Zuckerberg, Jeff Bezos and Larry Page - are successful not because there are no alternatives, but merely because consumers choose them over the many alternatives...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.