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"They're just suppressing innovation," he said in an interview.
On the other hand, monopolies can go too far by suppressing innovation and keeping prices high.
Mr. Geithner acknowledged that central bankers faced a delicate balance in seeking to avoid either suppressing innovation or rewarding reckless behavior.
The trial focused on Microsoft's Windows operating system -- on the power Microsoft gets from Windows' huge worldwide penetration; on the burdens that other software companies bear because of their limited access to the Windows software; on accusations that Microsoft was suppressing innovation.
Within the Western European form, Bauer distinguished two variants: Bismarck's state socialism, imitating eighteenth-century Prussian militarism, attempted to subject economic production to political control, suppressing innovation and personal independence; while Disraeli's romantic imperialism sought to level and subordinate English society before a paternalistic monarchy.
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One might also argue, as Carnap did in the foreword to The Logical Syntax of Language, that logical monism suppresses innovation in logic, and that pluralism virtuously removes this suppression.
6) Finally, while the extraction and processing of oil is a highly innovative industry, its consumption is technologically sluggish and carefully cartelized to suppress innovation.
Monopolists and dominant firms, like Microsoft, can actually suppress innovation.
Some argue for Linux on economic and cultural grounds: Microsoft, people say, has driven up prices and suppressed innovation.
And the issues can range from public-safety issues to competition issues in actions that can suppress innovation in private investment.
Whatever the industry, an increase in size and control creates the conditions for monopoly, which could do the opposite of what we want: suppress innovation and drive up costs over time.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com