Friday, June 27, 2008
bill gates the monopolist
an interesting, seemingly contradictory, quote from wired:
update: internet robot pirates must have stolen the link to the wired article. i've put it in (again?).
He's a merciless competitor, a shameless "fan" of other people's ideas and an unapologetic monopolist. And because of all that, Bill Gates has done more to create the thriving computer industry than anybody else.
update: internet robot pirates must have stolen the link to the wired article. i've put it in (again?).
Labels: economics
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ns
What's contradictory? Monopolies are frequently obtain when there are declining long run average costs within a perfectly competitive market and/or cross-subsidization across competitive markets. Or is it the creation of a thriving computer industry part, or which msft has monopolized only a part (albeit a super duper important part).
c
By
chris, at
Tue Jul 01, 04:50:00 PM
how can a monopolist be a merciless competitor? that is impossible. a monopolist has no competitors. that a business does better than its competitors, and most people use it, does not make it a monopoly. yes?
By
ns, at
Tue Jul 08, 03:47:00 PM
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