Do tech monopolies stifle or spur innovation?

Encyclopedia of Opinion

Question: Do tech monopolies stifle or spur innovation?
Position1 of 2›: Tech monopolies have a financial incentive to innovate.

This position holds that tech monopolies have a financial incentive to innovate. It argues that even dominant firms must keep developing products the public will want to use — drawing on their command of data, and on historical examples like AT&T's innovative Bell Labs.

Supporting arguments · 2

The power of data
Monopolies have an immense amount of resources at their disposal. These resources can be used to gather data, which is especially useful in the tech sector.
The AT&T example
AT&T's monopoly in the 20th century allowed it to make technological strides.