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by TheDong
983 days ago
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> Point me to a resistant monopoly or cartel and I will show you a government granted/supported one. Microsoft famously made deals with laptop vendors to prevent Dell, HP, and so on from selling computers with any operating system other than Windows: https://en.wikipedia.org/wiki/Bundling_of_Microsoft_Windows Similarly, Intel stifled AMD by providing financial incentives to vendors who offered no AMD-based products: https://en.wikipedia.org/wiki/Advanced_Micro_Devices,_Inc._v.... Were those government supported monopolistic behaviors? Does the "free market" mean that a competitor could have simply made one company that produced an entire laptop, OS, and CPU from scratch to provide the consumer a cheaper choice? Why would the "free market" lead to vibrant competition, rather than monopolistic hoarding of power? |
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The free market lead to that. Countless startups trying everything under the sun made sure incumbents like Apple or Google had to innovate, acquire and evolve to avoid Microsoft's fate. In a free market there is always a chance a new startup will spring up and upend the order. Tons of VC money are continuously trying exactly that.