Internet Explorer is losing market share to Mozilla's Firefox browser.
Microsoft has been criticized for failing to update its browser, most notably by Marc Andreessen, one of the founders of Netscape Communications.
Last October, Andreessen accused Microsoft of getting a monopoly over the browser and then ending innovation.
Technically, IE has monopoly power, but not a monopoly. But with abut 80% of the global market, that's being nit picky. Still, if there are profits to be made and if the costs of entry are low, we shouldn't expect the monopoly power to be maintained.
Mozilla's Web browsers now command 8.69 percent of the global browser market, according to a recent survey by Dutch analytics company OneStat.com. ...
Other studies have confirmed OneStat's findings. In a recent report, Janco Associates found that Firefox is now the browser of choice for 10 percent of business users, with IE at 83.07 percent.
For the record, this blogger has typed the vast majority of his blog entries on a Mozilla browser.