1 The trend toward a higher proportion of activity—especially highly remunerative activity—within networks. 2 The trend within network markets from 80/20 to 90/10 and even more warped degrees of concentration. 3 Within any particular network or network-based firm there will be a trend over time for the terms of trade to slide in favor of the network monopolist or near-monopolist. Over time, customers—both consumers and other businesses—will pay more, and those that dominate the network will make even larger fortunes.
