IBM had/has a monopoly on mainframe systems. But they never were really dominant in midrange systems (e.g. VAX, UNIX), and Microsoft and Apple etc became huge companies in the PC market. So you can't really disagree with the rationale.
Obviously Google + Phone makers is a "trust", its frustrating the lawsuits aren't really going anywhere.
I continue to be of the opinion that many of our economic problems could be improved with more competition. (Depending on your definition of "problem" of course. The current state of affairs is fantastically profitable some.)
Oh for sure. Why are movies scattered all over oblivion? Because there's no simple marketplace for licensing movies, it's a closed market that requires doing lots of behind-the-scenes deals. Healthcare? Only specific providers can make medical equipment, tons of red tape, opaque billing structures, insurance locked out in weird ways, etc.
To understand how healthy a market is, ask 'how easily could a brand new startup innovate in this area'. If the answer is 'not easy at all' - then that thing is going to be expensive, rent seeking, and actively distorting incentives to make itself more money.
IBM had/has a monopoly on mainframe systems. But they never were really dominant in midrange systems (e.g. VAX, UNIX), and Microsoft and Apple etc became huge companies in the PC market. So you can't really disagree with the rationale.
Obviously Google + Phone makers is a "trust", its frustrating the lawsuits aren't really going anywhere.
I continue to be of the opinion that many of our economic problems could be improved with more competition. (Depending on your definition of "problem" of course. The current state of affairs is fantastically profitable some.)
Oh for sure. Why are movies scattered all over oblivion? Because there's no simple marketplace for licensing movies, it's a closed market that requires doing lots of behind-the-scenes deals. Healthcare? Only specific providers can make medical equipment, tons of red tape, opaque billing structures, insurance locked out in weird ways, etc.
To understand how healthy a market is, ask 'how easily could a brand new startup innovate in this area'. If the answer is 'not easy at all' - then that thing is going to be expensive, rent seeking, and actively distorting incentives to make itself more money.