It is argued that one implication of Coase's Theorem[1] is that firm size is inversely proportional to transaction costs. If transaction costs are falling due

It is argued that one implication of Coase's Theorem[1] is that firm size is inversely proportional to transaction costs. If transaction costs are falling due to Internet enabled communication, this may contribute to reversing the tide of centralization. [1] https://en.wikipedia.org/wiki/Coase_theorem https://en.wikipedia.org/wiki/Coase_theorem