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That's monopoly power for you. Right now there's competition to Intel again which means processors will probably start getting much faster again. That's one of
by CPAhem 6y ago
That's monopoly power for you. Right now there's competition to Intel again which means processors will probably start getting much faster again.
That's one of the few great things about capitalism - competition drives innovation.
- swiftcoder 6y ago> That's one of the few great things about capitalism - competition drives innovation. Just so long as the aforementioned monopolies don't choke out competition. Sadly, we seem to end up with a lot of pseudo-monopolies in the tech industry. I wonder how much more competition we could have with strict monopolies regulation on acquisitions and mergers?
- imtringued 6y agoIf you let companies acquire close to 100% market share then monopolies are guaranteed to happen because one company is always more cost efficient than two but with the obvious problem that monopolies don't act in the interest of consumers. Limits on company size can definitively prevent monopolies.