Michael Porter concludes that the overall impact of the Internet is to increase competition, which generally diminishes a firm's profitability.

Name: Michael Porter concludes that the overall impact of the Internet is to increase competition, which generally diminishes a firm's profitability.
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Michael Porter's conclusion is that the Internet increases competition, which means more firms are competing for the same customers, causing prices to drop and reducing overall profitability.

Michael Porter Concludes That the Overall Impact of the Internet