6 ms·
Except the 'market' for software is not comparable to any other real market because it is built on so called "Intellectual Property" which is basically governme
by luriel 15y ago
Except the 'market' for software is not comparable to any other real market because it is built on so called "Intellectual Property" which is basically government granted monopolies.
This is again one of the reasons why complex software 'wins' in the 'market': more complex software over which you have a monopoly increases lock-in.
Add in software patents, and real competition in this 'market' is almost impossible.
- true_religion 15y ago> Except the 'market' for software is not comparable to any other real market How about the publishing industry for books, movies, games, and other media? How about the pharmaceutical industry where lock-in is due to patent rights?
- luriel 15y agoI don't think anyone would use any of those as examples of well functioning and efficient markets.