Comment But we don't like monopolies... (Score 4, Interesting) 552
It's interesting to note that most of the top-tier research facilities of the past were backed by monopoly or near-monopoly corporations. Bell Telephone speaks for itself, IBM Labs was supported by revenue of a dominating computer manufacturer, Sarnoff is the old lab facility of RCA, which for a time had sufficient clout to pretty much set the price of vacuum tubes. Xerox was the dominant photocopier supplier in an era of large growth. In today's world, Microsoft is one of the biggest spenders on research, and they have their own cash cow from a software monopoly.
One wonders if the ability to fund basic research depends on having a nearly monopolistic revenue stream. And if that's the case, are we prepared to suffer monopolies to get the research that comes with them?