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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator -- Ignore unavailable to you. Want to Upgrade?

To: Reginald Middleton who wrote (18830)	4/29/1998 8:05:00 PM
From: Bearded One	Read Replies (1) \| Respond to of 24154

If you define monopoly as the ability to unilaterally set prices, Uh, that's not the definition of monopoly. Besides, when did Netscape have the ability to unilaterally raise prices? Have they ever charged $89 for a bugfix, for example?

To: Reginald Middleton who wrote (18830)	4/30/1998 2:30:00 AM
From: Gerald R. Lampton	Respond to of 24154

If you define monopoly as the ability to unilaterally set prices, I don't. Any company has the power "unilaterally set prices." The question is whether they'll be able to SELL anything at those prices. One with monopoly power (as opposed to just a large market share) has the power to raise prices to above the competitive level. One without monopoly power must set prices at competitive levels determined by the market, which is exactly what Netscape has done throughout its existence. then NSCP's browser was a monopoly for a period. They were the only ones that were able charge the prices that they did and they drove other companies from the market. Netscape was a "monopoly" in the sense that it had a large share of the browser market. But I don't think anyone can seriously argue that they had monopoly power, the power to raise prices and restrict entry. There simply were no barriers to entry into the browser market which would have allowed them to do so. then they were guilty of tying the products mentioned above, especially since their product was available for free. Tying is not illegal unless you have monopoly power, which Netscape has never had.