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To: Jorj X Mckie who wrote (229303)11/18/2009 11:16:09 PM
From: neolibRead Replies (1) | Respond to of 306849
 
I have no problem with monopolies that provide good value. As long as they are providing the best value they will remain dominant. Once they stop providing a good value it opens the door for competition to step in with a better value. This can be a better product for the same price or a product that does essentially the same thing for a lower price. The only way that this model doesn't work is when the government steps in and prevents competitors from stepping in.

...

I'll assume that you are doing some free association and making stuff up as you go along. This has nothing to do with anything I have said and doesn't represent my views.

You need to look into reality a bit more. Monopolies can exist WAY past the point of providing the best value because of patent distortion. Its a minor little issue called compatibility.

MS Vista is a classic example of how patent protection helped ensure a monopoly, and enabled crap to be sold. Since you see the evil hand of the government in the spatial example of insurance, why can't you see the wicked government in the temporal aspects of patents?

Why are the market impacting aspects of patents not bugging you? Do you think that the laws, and enforcement, all aspects of the government, that relates to patents are magically different from other aspects of government meddling in commerce?

If you can't comprehend the above example, try to envision GM having patented the user interface of a car and assume they had 98% marketshare, and now a new entrant wants to break into the market and we can assume they have better cars value/$, but unfortunately, they must have a radically different user interface. How do you think that would work as long as the market distortion of the government's patent office held sway on the matter?