For retailing, the key change produced by the Internet is that shopping online spared consumers the economic costs (in time, grief, and gas money) of visiting a store and locating a product. This has been called the “death of distance.” When even isolated individuals can buy anything from a global marketplace, physical location does not confer any commercial advantage, and online merchants might be expected to win every battle.
Today’s extract from the book After Leveson* is by Bernard Clark, a former BBC correspondent for the programme Nationwide and later the independent producer of hundreds of documentaries who now chairs TVT.He thinks Lord Justice Leveson was looking backward at a disappearing problem in print rather than looking forward to the digital world. In a post-Leveson world, he believes, questions of press regulation – whether run by the industry or ordered by statute – are largely irrelevant. The problem is the internet