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No matter what the goal was, it remains that other players would have jumped in if there wasn't the legal impediments. But such regulation provided a moat in wh
by randomdata 3y ago
No matter what the goal was, it remains that other players would have jumped in if there wasn't the legal impediments. But such regulation provided a moat in which they were able to build their monopoly.
Same goes for Microsoft. Everyone and their brother would have released their own 'Windows' if regulation weren't there to disallow it. Again, that regulation offered a moat which allowed them to establish their monopoly.
- bigfudge 3y agoFrom a long perspective I think the bell monopoly probably served an important purpose and may have been worth it. Not having universal service would have been socially divisive and culturally a problem. I think we need to stop judging things only on (presumed/assumed) economic efficiency. Non monetary values mean regulation is often important. We accept this with environmental and health/safety rules to some degree - I wish we could develop a language to argue for it more in other spheres. On the Ms point.. is your argument that we should have no intellectual property rights for software at all? It seems odd to single out only this example. I’m broadly not in favour of software patents but I’m not clear that they were relevant to MS success anyway. I think you need to make a clearer argument about what regulations we would have forgone for others to really evaluate your case.
- randomdata 3y ago> is your argument that we should have no intellectual property rights for software at all? Obviously not. That would require opinion, and sharing opinion is in bad faith. Discussion is merely for talking about how the world is. And as the way the world is, a monopoly needs some kind of moat to emerge. Intellectual property regulation exists to enable such moats. > It seems odd to single out only this example. Why? One example is all that is necessary to convey the idea. But also, it is the only convicted monopolist in that respect that I could think off off the top of my head. Google was recently charged, but not yet convicted, so I could not include them. I am not about to suggest that other companies are monopolies based on my opinion. That, again, would be in bad faith. But, theoretically, the same could apply to other companies. It is not something that needs to be strictly limited to Microsoft.