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Virtual cartels; mergers |
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In parallel to the deregulation of markets, there has been a trend towards large-scale mergers which ridicules dreams of increased competition.
Recent mega-mergers and acquisitions include
SBC Communications - Ameritech, $ 72,3 bn
Bell Atlantic - GTE, $ 71,3
AT&T - Media One, $ 63,1
AOL - Time Warner, $ 165 bn
MCI Worldcom - Spring, $ 129 bn
The total value of all major mergers since the beginnings of the 1990s has been 20 trillion Dollars, 2,5 times the size of the USA's GIP.
The AOL- Time Warner reflects a trend which can be observed everywhere: the convergence of the ICT and the content industries. This represents the ultimate advance in complete market domination, and a alarming threat to independent content.
"Is TIME going to write something negative about AOL? Will AOL be able to offer anything other than CNN sources? Is the Net becoming as silly and unbearable as television?"
(Detlev Borchers, journalist)
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First typewriter patent, 1713
In 1714 Henry Mill got granted a patent for his idea of an "artificial machine or method" for forgery-proof writing, but not before 1808 the first typewriter proven to have worked, was built by Pellegrino Turri for his visually impaired friend, the Countess Carolina Fantoni da Fivizzono. In 1873 commercial production of typewriters began.
For a brief history of typewriters see Richard Polt, The Classic Typewriter Page,  http://xavier.xu.edu/~polt/typewriters.html
 http://xavier.xu.edu/~polt/typewriters.html
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