Some monopolists, most notably Gates himself, are trying to apply some friction. Innovation is proceeding at such a stunning pace that government couldn't possibly understand.
Government can only slow things down.
And government still needs to set ground rules, so that rival innovators don't get strangled to the detriment of consumers. Indeed, they and their ilk were so confident of their capacity to innovate that they wanted to lock up oil, steel, rails, electricity, telephones, and the other emerging industri es of the day. Their innovations, like those of Bill Gates, included both genuine technical inventions and new, creative forms of anti-competitive behavior. Gates is justifiably in trouble on several grounds. Microsoft, with upwards of 90 percent of the operating-system market, uses its dominance there to frustrate competitors in software applications that compete with Microsoft applications, such as word processing and its internet browser.