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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Gerald R. Lampton who wrote (21662)11/23/1998 4:28:00 AM
From: Charles Hughes  Read Replies (2) of 24154
 
I think I have found the locus of the logical problem in your statement:

"... competitors have been harmed. Competition has not, because consumers derive..."

No, competition has been harmed. This is the case whether the consumer benefits or not. You are confusing temporal outcomes for the consumer with the state of competition between businesses, which are related phenomena but are not at all the same thing.

You can definitely lower prices, and benefit the *average* consumer for a time, while absolutely wiping out all competition. Competition has thus been harmed, if arguably not the outcome for the average consumer.

I will leave the case that this is ultimately bad for the consumer for another time. If there is somebody here willing to take up the other side of the argument, which I guess would be the 'planned economy', benificent dictatorship, or marxist point of view. I's so much fun trying to prove that capitalist competition is a good thing to the so-called 'conservatives' here. The worm turns, I guess.

Cheers,
Chaz
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