The Monopolies that No One Is Talking About

Leaving aside the discussion for a minute on whether tech platforms like Google and Amazon actually might meet the definition of a monopoly under our nation’s antitrust laws (a precise and economically rigorous definition usually left to the Department of Justice, the Federal Trade Commission, or the federal (and sometimes state) court system), we seem to have forgotten about an important part of the digital ecosystem and whether it has a monopoly problem. It’s the one that’s hiding in plain sight and the evidence is in your mailbox (or inbox) every month when you get your cable bill.

Why does is matter if cable internet service providers have market power? When companies monopolize they may hurt consumers because they no longer have the incentives to compete on price or service, with the unsurprising result that even while profits for companies increase consumer satisfaction plummets and prices continue to rise.


The Monopolies that No One Is Talking About