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> The problem is that in monopoly, things have to be really, really bad and prices must be really outrageous before anything changes. That's the theory, but do
by lionhearted 17y ago
> The problem is that in monopoly, things have to be really, really bad and prices must be really outrageous before anything changes.
That's the theory, but do you have any examples of a company abusing monopoly power without government backing for any extended period of time? I don't know any examples of a non-government-backed company abusing monopoly power for any considerable length of time without losing market share.
- rbanffy 17y agoMicrosoft? They abused monopoly power to force their OEMs to do their bidding, all the way from punishing IBM for shipping OS/2 computers to preventing Dell and HP from placing software such as AOL's (MSN competitor) and Netscape (we all know that). They have achieved monopoly and near-monopoly in several categories (office applications, IDEs) and have used it to raise barriers to entry. Every IDE available for Windows is either targeted to a small niche or free and cross-platform.