Just because a company has a great percentage of the market does not deem it a monopoly. Microsoft did so much right for so many years, and actually earned its market position. However, like other companies in other industries throughout history, once it got to a position of prominence, it began to act as a coercive force in the market.
In a truly free market, monopolies cannot exist, because a free market allows for competition. "Cornering the market" always implies some element of coercion, either through "special" government privileges or outright illegal activities. In this case, the government did the right thing by requiring Microsoft to "unbundle" its software, which was effectively killing the competition unfairly.
Even so, monopolies cannot survive for long -- time and technology marched forward, and the PC platform, as others have noted, has been replaced to a large extent. The technological advancements may have been slowed a bit by Microsoft's activities, but other companies, by improving the game, have altered the industry for the better. Level competition yields the best results.
Just because a company has a great percentage of the market does not deem it a monopoly. Microsoft did so much right for so many years, and actually earned its market position. However, like other companies in other industries throughout history, once it got to a position of prominence, it began to act as a coercive force in the market.In a truly free market, monopolies cannot exist, because a free market allows for competition. "Cornering the market" always implies some element of coercion, either through "special" government privileges or outright illegal activities. In this case, the government did the right thing by requiring Microsoft to "unbundle" its software, which was effectively killing the competition unfairly.Even so, monopolies cannot survive for long -- time and technology marched forward, and the PC platform, as others have noted, has been replaced to a large extent. The technological advancements may have been slowed a bit by Microsoft's activities, but other companies, by improving the game, have altered the industry for the better. Level competition yields the best results.
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