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And there is an argument, given that many monopolies and mergers are now global in reach, for some kind of world co-ordinating body, as suggested by Joel Klein, the Justice Department's outgoing antitrust boss.But there are bigger worries than procedure.
If so many "monopolies" exist, then Wu's thesis is undermined by the very fact that no single company dominates the high-tech landscape.
"So the question was," he continued, "how many monopolies are there?
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Many information monopolies today are more interested in collecting our data than taking our money.
Mr. Muris, a top antitrust official in the Reagan administration, complained at his Senate confirmation hearing last Wednesday that under the previous administration, "there were many large monopoly investigations at the Department of Justice sending a signal that I thought was inappropriate".
But United States companies that took Mexico at its word and tried to challenge Telmex in long distance say they have hit a wall raised by a powerful conglomerate that presses many lingering monopoly advantages and subdues the regulators who are supposed to impose discipline.
Many are local monopolies.
Many other large monopolies and industries would follow, including British Aerospace, BT, utilities and the transport system.
Those sources might be less polished, Mr. Jarvis said, but they would be competitive, ending the monopolies many newspapers have long enjoyed.
In part, because the old state-run fixed-line telephone companies were inefficient monopolies, many in Africa took up mobiles with great enthusiasm at the start of the last decade.
Not every deal fizzled: in that same period much of the global exchange industry, like many liberated former monopolies, went on a consolidation bender.Everyone talked breathlessly about the critical importance of "24/7 global pools of liquidity", which didn't really mean anything but proved to be an excellent chat-up line.
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CEO of Professional Science Editing for Scientists @ prosciediting.com