What fundamental laws of economics have changed? ebay is still ebay and is still a winner take all market, just to cite one example.
I'm not going to say that technology hasn't changed anything - it's doubtless opened some things up. But where there are big network effects, it is still going to lead to a dominant player in a given market. Where there aren't, there is room for more competition. That's always going to be true, whatever technology you're talking about.
I'm not going to say that technology hasn't changed anything - it's doubtless opened some things up. But where there are big network effects, it is still going to lead to a dominant player in a given market. Where there aren't, there is room for more competition. That's always going to be true, whatever technology you're talking about.