4 ms·
Sure, Microsoft is even worse. > Perhaps the most successful global monopoly is Microsoft, which has succeeded in gaining global market power not only in PC op
by Nemo_bis 6y ago
Sure, Microsoft is even worse.
> Perhaps the most successful global monopoly is Microsoft, which has succeeded in gaining global market power not only in PC operating systems but in key applications such as browsers. [...] Microsoft's monopoly power leads not only to higher prices but to less innovation. [...] The failure to develop a global approach to global cartels and monopolies is yet another instance of economic globalization outpacing political globalization.
Joseph Stiglitz, Making globalization work (2006), §7.2.2
https://en.wikiquote.org/w/index.php?title=Joseph_Stiglitz&oldid=2800098 https://en.wikiquote.org/w/index.php?title=Joseph_Stiglitz&o...
- Kye 6y agoThat's 14 years ago. The few monopolies they have left involve providing services that come with their software.