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Microsoft Defies EU Commission
otahkgeek writes "Wired News is reporting that Microsoft claims that by removing Windows Media Player from Windows, it would be forced to ship a substandard version to European consumers. This is on the heels of a three-day hearing by a European commission to determine the validity of charges that Microsoft illegally abused its power over the home computer market."
A monopoly is a company that gets exclusive market rights from the government.
No, that is a definition of a utility, such as a power company, or cable service. The price that the entity pays for having exclusive rights is that it is HEAVILY regulated by the local, state, and federal government. Are you suggesting that Microsoft is a not a monopoly, but a utility that should be subject to heavy government regulation?
The US Postal Service is a monopoly
Technically, no. The US Postal Service was considered an organ of government. Do you call the Federal Judicial system a monopoly? The federal government has offloaded that function to a non-governmental entity, in order to improve its efficiency.
Standard Oil was a company that did not get exclusive market rights from the federal government, but was able to use its market position to extort profits from its consumers. It was also able to crush competitors by either lowering its prices to prevent either of them from making a profit, or prevent them from gaining access to materials to produce their product. This is the generally accepted definition of a monopoly. It does not require a coercion from the government.
While I do respect your libertarian point of view, I question whether you genuinely understand what constitutes a monopoly.
There is no America. There is no democracy. There is only IBM and AT&T and DuPont, Dow, General Electric, and Exxon
I wonder if the EU has thought of just including MS products in the 100% tariffs category (along with things like sunglasses and motorbikes) that they are allowed (by the WTO) to impose on imports from the US as a retalitory measure to the illegal US steel tariffs. Come to think of it, weren't countries like Japan, China, Korea, Australia as well as a host of others also part of the WTO judgement (on the side of the EU) as well?
So Dubya, keep those illegal steel tariffs! Remember you need to win votes in steel producing states in the next election!