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Story: Medieval secrets behind Microsoft Research
I absolutely agree
Monopolies will always suppress their own innovations should they have any concern that future profits may be damaged by them.
However, they continue to innovate and patent such innovations to prevent competitors from implementing technology which will harm the monopoly and so it is still in the interests of all monopolies to innovate (or buy up small companies with potentially profit damaging products).
This is exactly why there should never be any legislation to support software patents- thank God we don't have it in the EU yet!
I can see parallels here with the oil cartels buying up profit endangering technologies.
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