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by repolfx 2897 days ago
That latter definition is in fact a reasonable counter-argument to Windows being a monopoly (people did buy Macs), and that's why Microsoft got in trouble for the deals they cut to try and crush Netscape, not for making a more popular OS than Apple did.

You can't define a monopoly as "your competitors aren't popular" because otherwise it'd be illegal to invent new product categories, as at the start you'd be the only player in the new space. You can't define it that way for another reason: it punishes success.

2 comments

FWIW the definition of a patent is a "time-limited monopoly on working an invention", so all new products that are patented are monopolies by definition.

As the sibling comment rightly says, monopolies are acceptable. But, as the EU clearly point out, a greater onus is put on monopolies to avoid abusing their monopoly power.

That would work if patents were enforceable but they really aren't. I can't see a company that (re)invented a new product category where no competitors emerged because of patents.
That is an extremely optimistic view of patents
Monopolies are not illegal, so your argument is irrelevant.