> I think it's indisputable that they have the resources and nibleness to either absorb via acquisition, take significant positions in (via venture funds) or k

> I think it's indisputable that they have the resources and nibleness to either absorb via acquisition, take significant positions in (via venture funds) or kill any emerging markets that would actually replace their market positions. If the answer is (1) acquisition, that's a good reason to invest in the companies attempting to disrupt the space -- you're making the incumbents pay for that monopoly status. Even if they aren't disrupted, you're profiting from their anti-competitive behavior.