Perhaps the most successful global monopoly is Microsoft, which has succeeded in gaining global market power… — Joseph E. Stiglitz
Perhaps the most successful global monopoly is Microsoft, which has succeeded in gaining global market power not only in PC operating systems but in key applications such as browsers. [...] Microsoft's monopoly power leads not only to higher prices but to less innovation. [...] The failure to develop a global approach to global cartels and monopolies is yet another instance of economic globalization outpacing political globalization.
p. 202Source: Wikiquote · CC BY-SA 4.0
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