pic Economics for all: near monopolies

Monday 22 September 2008

near monopolies

Why is it a problem that Microsoft dominates the operating system market? Microsoft has a 95% share in the market so it is basically a monopoly. There are many benefits to consumers so what kinds of costs are there? Microsoft is preventing server based software companies from entering the market because the operating systems are not compatable with the server softwares and this is costly to consumers because Microsoft is preventing a better product from coming into the market. Better products should be allowed into the markets to help boost competition which will drive prices down and so its better for consumers.

No comments:

pic