An Example of a Competitive, Natural Monopoly?
“When they’re dual formats, one has to die, because often, people will choose option three, which is neither format,” said Carl Laron, senior electronics editor for ConsumerSearch, a product review site. “One had to fail at one point or both had to fail. Now that that’s out of the way, we can move forward.”
The emergence of Blu-ray as the single standard will benefit consumers, providing them a clear choice, said Jason Oxman, senior vice president of the Consumer Electronics Association.