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>But even if a company achieves monopoly position through legitimate means, it cannot take actions that do not advance plausible business goals but rather are d
by acoard 6y ago
>But even if a company achieves monopoly position through legitimate means, it cannot take actions that do not advance plausible business goals but rather are designed to make it harder for competitors to catch up.
This reads like a text-book definition of a "moat." It's no surprise to people that have been paying attention that moats are anti-competitive in nature, yet it'll be interested too see what, if any, impact anti-trust will have on the common wisdom of building moats.
- titanomachy 6y agoBy the time you're big enough to have to worry about antitrust, you've already made it. I doubt this will affect the advice given to startup founders.
- zepto 6y agoWithout moats of some kind, you end up with a commodity. In this instance, marginal value asymptotically approaches marginal cost, which in the case of software is zero. Ironically destroying the incentive to participate. The only alternative to moats is intellectual property, which is arguably far worse.