this post was submitted on 23 Oct 2024
746 points (99.0% liked)

Technology

59974 readers
5544 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Maggoty 2 points 1 month ago (1 children)

Yes but that rule protects you the same as it does them. They can be a monopoly if nobody else can get their chips sold but they cannot be a government enforced monopoly unless nobody else is allowed to sell chips.

[–] [email protected] 0 points 1 month ago (1 children)

That's your interpretation and that's fine but I understand that they have a monopolies because their patent is broad enough to be hard to create alternatives, and the patent is government enforced. That's how I understood it at least.

In any case, I don't really mind if you want to keep using your interpretation, I was just trying to rationalise what the other commenter said and explain what I though was their point of view to say what they said.

Have a great day.

[–] Maggoty 1 points 1 month ago

That's not just my opinion. That's the definition going straight back to Adam Smith.