3 ms·
> Question: why does the market fail so miserably in this respect? The most common type of market failure is monopoly/oligopoly: you can choose Microsoft or Ap
by goodpoint 4y ago
> Question: why does the market fail so miserably in this respect?
The most common type of market failure is monopoly/oligopoly: you can choose Microsoft or Apple. They have a suffocating grip on OEMs, making it very difficult to develop alternatives.
The real question is: Why is human society tolerating oligopolies on software, CPUs and hardware in general?