Merrill Lynch expects further escalation of Internet technology competition in 2006 to $2.7 bln up from $1.9 bln in 2005. Industry spending on technology will increase 42% YTY, outpacing revenue growth of 29%.
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Merrill Lynch expects further escalation of Internet technology competition in 2006 to $2.7 bln up from $1.9 bln in 2005. Industry spending on technology will increase 42% YTY, outpacing revenue growth of 29%.