Communication Over The Internet, and The Effects It Will Have On Our Economy Thesis: Communication over the internet is growing at a rapid rate, this rate of growth may destroy the monopoly taking place with the major telecommunication In this day and age we as a global community are growing at a super fast rate. Communication is a vital tool which aids us in breaking the distance barrier. Over the past decades there has been a monopoly in the telecommunications business, but now with the power of the internet, and super fast data transfer rates people can communicate across the globe and only pay local rates