Linked by Thom Holwerda on Tue 11th Jan 2011 22:21 UTC, submitted by Kroc
Google The WebM project - a VP8 video stream and a Vorbis audio stream wrapped in a Matroska container re-branded as a WebM container - launched by Google, openly supported by every major chip maker, is going to be the major codec for Google's Chrome web browser. Yes, Google is dropping H264 support from the Chrome web browser.
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You're forgetting the damage part. You have to hurt a market with your monopoly position first. Moving to an OPEN, ROYALTY-FREE, NON-PATENT-ENCUMBERED codec can, in no possible way, be seen as Google trying to hurt the market. IT'S FREE, FOR FUCK'S SAKE.

Well, them rightsholders that let their rights managed by the...hrm....people... at MPEGLA, might disagree with You on that. Beforehand they might have had a little income to cover up them R&D costs that ended up as patents (yes, real and phony ones). Hows that for market damage?

Think of it this way, You own a bakery shop. You work your ass off early mornings to provide customers with croissants and stuff. Maybe earn a little money while doing that. There's another bakery shop nearby too, but you're not that worried about it because you figure that if your croissants are tastier then the customers will prefer to get theirs from your shop.
Now a metallurgical magnate that gets nearly all of its income from producing chromium and copper and stuff buys your competitors shop and starts providing free croissants. It can afford it because the metals business is its primary source of income and a good one at that. You can make your croissants as delicious as possible but you can't beat free, can you?

Applying your logic as the commenter, no market damage was made, because the croissants are free for fucks sake. You, the baker, might think otherwise.

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