[jnaddef]

When I read this type of stories I cannot help but think that the world would be better off if we banned that type of predator-like behavior, those super aggressive strategies that aim at getting the concurrence out of business by lowering the price more and more until you get a monopoly.

No-one can deny that what he did was a huge innovation, the fact that it is still being used 60 years later is a testament of that, but how much innovation was killed in the egg when competitors were forced out of the market?

[AnimalMuppet]

Well, you could look at it the other way. How much innovation was enabled when everyone in the world who wanted to build an electronic gadget had the parts available earlier for less money?

You see less supplier innovation. I see more customer innovation.

[caramelcustard]

If the innovation is worth something, even if the company is forced out of the market, it can be either reused in further endeavours of the shareholders/company owners or the research can be continued under the guidance of some other company. Businesses don't just "forget" about their past research (unless we're talking trillion dollar companies).