New technologies (reinforced by new trade rules) are enhancing the market power of incumbent, dominant firms, such as Microsoft, which are all from the developed world; for the first time, in a key global industry, there is a near-global monopolist. (Joseph Stiglitz)

New technologies (reinforced by new trade rules) are enhancing the market power of incumbent, dominant firms, such as Microsoft, which are all from the developed world; for the first time, in a key global industry, there is a near-global monopolist.

Joseph Stiglitz

Related topics

dominant incumbent industry key market monopolist power time trade world global microsoft rules

Related quotes

There is an irresistible demand to strengthen the leadership of the constructive forces of the world at the present momentous time. This is true because of stupendous, almost unbelievable changes which have taken place in recent years on every continent.

John Mott

Say not 'a small event' Why 'small' Costs it more pain that this ye call A 'great event' should come to pass From that Untwine me from the mass Of deeds which make up life, one deed Power shall fall short in or exceed.

Robert Browning

Alas it is not till time, with reckless hand, has torn out half the leaves from the Book of Human Life to light the fires of passion with from day to day, that man begins to see that the leaves which remain are few in number.

Henry Wadsworth Longfellow

We live today in a world in which nobody believes choices should have consequences. But may I tell you the great secret that our culture seeks to deny? You cannot escape the consequences of your choices. Time runs in only one direction.

Stephen L. Carter

The return from your work must be the satisfaction which that work brings you and the worlds need of that work. With this, life is heaven, or as near heaven as you can get. Without this with work which you despise, which bores you, and which the world does not need this life is hell.

W. E. B. Du Bois