Is Microsoft a Monopoly?

Perm url with updates: http://xahlee.org/UnixResource_dir/writ/Microsoft_monopoly.html

Is Microsoft a Monopoly?

Xah Lee, 2010-08-20

Kenneth Tilton wrote:

They've run up the white flag, Microsoft, haven't they?

Tim Bradshaw wrote:

I think it's what happens to monopolists: they get big by being a monopolist, and because they have no competition they get slow and bureaucratic...

many tech geekers don't understand what the word monopoly means.

monopoly is preventing others from entering market. Monopoly is not saturation of a market.

...

a bit explanation is in order.

When a company prevents others from entering the market by tricks = evvvill!. This is what most tech geekers are thinking.

There's not that much example of such in our capitalistic US going on, to the degree that idiot everybody or tech geekers need to be alarmed, maybe except US government.

When a company saturates a particular market, such as Microsoft's OS for PC, Google for web search, that's called success. Because, any joe can come in and sell their shit, and when the public decided joe's better (e.g. linux), the so called monopoly topples.

Judge Alex Kozinski of the 9th Circuit pointed out that the key to monopoly is not market share — even when it is 100 percent — but the ability to keep others out. A company which cannot keep competitors out is not a monopoly, no matter what percentage of the market it may have at a given moment.

above from 〈Basic Economics〉, First Edition, by Thomas Sowell. ISBN: 0-465-08138-X. amazon Chapter 2: Big business and Government: Anti-Trust Laws, p.102

See also:

Run and buy the book now. Save humanity!

Popular posts from this blog

11 Years of Writing About Emacs

does md5 creates more randomness?

Google Code shutting down, future of ErgoEmacs