Does Big Mean Bad?

Tom Goldstein takes a different perspective on the current issue of media consolidation” in his article “Does Big Mean Bad?” He argues that the merger of all of these media firms into larger and fewer ones, is natural and that it is potentially not a negative event. He clarifies his argument by showing example of where major corporations within a market, merged into few leading to the betterment for all. These examples then lead him, to the point that it is only natural for any competitive market of business to have buy outs, mergers, and bankruptcy. He almost describes it as a natural cycle of life. Just like how the big eight accounting firms soon became the big six and now current day big four. He then touches on the future of media, the internet and it seems to be heading down a similar path as the rest of the media. He somewhat infers that the internet will one day be dominated by large corporations.