Answer: True
Explanation: Perfectly competitive markets are characterized by two main features: a large number of buyers and sellers, and homogeneous products.
In the case of the market for internet, there are typically a limited number of providers offering internet services in a given area. This means that there are not a large number of sellers in the market. Additionally, while the basic functions of internet services may be similar, there can be differences in terms of speed, reliability, quality, and customer service among different providers. This means that the products offered by internet providers are not completely homogeneous and vary by region.