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That latter definition is in fact a reasonable counter-argument to Windows being a monopoly (people did buy Macs), and that's why Microsoft got in trouble for t
by repolfx 8y ago
That latter definition is in fact a reasonable counter-argument to Windows being a monopoly (people did buy Macs), and that's why Microsoft got in trouble for the deals they cut to try and crush Netscape, not for making a more popular OS than Apple did.
You can't define a monopoly as "your competitors aren't popular" because otherwise it'd be illegal to invent new product categories, as at the start you'd be the only player in the new space. You can't define it that way for another reason: it punishes success.
- SparklingCotton 8y agoMonopolies are not illegal, so your argument is irrelevant.
- pbhjpbhj 8y agoFWIW the definition of a patent is a "time-limited monopoly on working an invention", so all new products that are patented are monopolies by definition. As the sibling comment rightly says, monopolies are acceptable. But, as the EU clearly point out, a greater onus is put on monopolies to avoid abusing their monopoly power.