Is Microsoft a monopoly? Is the electric power industry in California an oligopoly? Explain your reasoning for each.© BrainMass Inc. brainmass.com October 24, 2018, 9:52 pm ad1c9bdddf
Microsoft cannot be termed as pure monopoly. Even though Windows captures a huge market share in the computer industry and especially, the operating system segment, it cannot be termed as pure monopoly because users have access/choice to other operating systems, such as Apple and Linux.
However, the huge market share of Microsoft in the operating system and software industry more or less makes it a kind of monopoly only.
Currently there are no products, nor are there likely to be any in the near future, that a significant percentage of consumers world-wide could substitute for Intel-compatible PC operating systems without incurring substantial costs. Furthermore, no firm that does not currently market Intel-compatible PC operating systems could start doing so in a way that would, within a reasonably short period of time, present a significant percentage of ...
Is Microsoft a monopoly? Is the electric power industry in California an oligopoly? Explain your reasoning for each.
Microsoft Case Study: Anti-Trust Behaviour, Monopolies
Microsoft Monopoly--Why was Microsoft investigated for antitrust behavior? Was Microsoft trying to gain monopoly power in the computer software industry? Are monopolies always bad? Give at least one example of a case where having a monopoly may actually be a good thing.
Concepts to possibly include: Monopoly Market Structure, Characteristics of Pure Monopoly, Barriers to Entry into the market, Natural Monopoly, Government Monopoly, Downward Sloping Demand Curve, Economies of Scale, Monopoly Pricing, Price Maker, Market Power, Economic Profits, Imperfect Competition, Rent Seeking Behavior, X-inefficiency, Deadweight Loss to Society, Marginal Cost, Marginal Revenue, Antitrust, Bundling.View Full Posting Details