Re: [OPE-L] Perelman: consumers lock-in

From: michael perelman (michael@ECST.CSUCHICO.EDU)
Date: Thu May 17 2007 - 23:04:40 EDT

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AT&T was a regulated monopoly until it was broken up during Reagan's time.
IBM was a leader in mainframe computers.  It had a virtual monopoly in
the market until a few decades ago.

Both companies financed incredibly productive technology centers.

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901
www.michaelperelman.wordpress.com

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