Irish Liberty Forum

An Example of a Competitive, Natural Monopoly?

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“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.

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Written by Graham

February 23, 2008 at 2:52 pm

Posted in economics, news, technology

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