A monopoly will screw us all.
Here the monopoly is more on a standard than on a product. The effect may be the reverse, where, if the standard is common, more devices can use supplies based on the same standard, instead of having to buy individual devices to support each standard. Products should get cheaper, because of the economy of larger scales, as a result of the wider use of one particular standard. Just guessing, BTW.
You think so? Have I got a Beta-Max for you. I think they still make movies for them in the Philippines.
I suggest you look at the BluRay consortium membership. There are dozens involved. HDDVD has miscrosatan and Toshiba and Universal.
LLS
Maybe. But, most of the best movie titles are coming out on Blu-Ray. I say this as someone who has an HD-DVD player.
It’s a standard not a monopoly. Think Edison’s direct current vs. Westinghouse/Tesla’s alternating current.