Linked by Thom Holwerda on Wed 21st Sep 2011 22:06 UTC, submitted by kragil
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Member since:
2011-01-28
Pelly,
"Imagine purchasing an oven. Now imagine its impossible to cook anything but beef and pies of a particular store in that oven...Would you put up with that? Of course not."
It's a silly little example. But you know what, if Bill Gates had a monopoly on cattle and that's all the major stores sold, then it's entirely possible that consumers would end up buying ovens that are designed exclusively for Bill's goods.
Consumers wouldn't consider any other ovens because none of them can cook Bill's Beef which they have to order in stores.
...Now back to reality...