Is Internet Explorer a monopoly?

There are various of enterprises that has developed different version of browsers to which letting people to use it as a more convenience resource to search for what they wished to know. The browser ecosystem has already including a few firms such as Internet Explorer, Firefox, Sleipnir, Safari, etc; whereas Internet Explorer is seemingly dominates the current browser market with the figure of 80%.

However, Google has recently comes up with an innovation called Chrome, which might be another invention that has the potential of being a dominant browser in the browser market; in addition that Google Chrome can become a strong competitor towards the IE. Throughout a list of their own benefits and drawbacks, e.g. IE is slow, cumbersome, shaky, poor at following standards and perceived by many to be a security vulnerability, therefore how users think about it can be the next essential step to help through with their work in the market.

"Mozilla's Firefox is very well respected and yet it commands less than 20% of the browser market which just shows how hard it is to overtake an incumbent although Google does have almost unparallelled ability to promote it to almost the entire online audience" According to the BBC news of Google launches Internet browser, Nate Elliot stated the truth of how Firefox is powerless in the browser market. Also those who are competing with other established browser names should be aware of the survival within the market.

As Google has already accomplished the reputation of a well-known website for everyone to browse/search, most people which represents the average users, Google, to their extent, is the Internet; thus for Google to compete with Internet Explorer, it has better potential comparing to others. They've got the idea of how to satisfy users' need and knowing how to make things even better.

In order to sums the whole thing up, I think Internet Explorer is not essentially a monopoly, especially it now has its new competitor, Google Chrome. They could both be improved in some ways to keep their competitions going; also for what could have been an influence towards the users, it is the choice have been made and the motivation being connected through the browsers.