The competition between television manufacturers helped to produce better, less expensive television sets for consumers. Compare the competition between television manufactures during the 1940's and 1050's with the computer companies of today?

With the scientific breakthrough of television, two parties had the expertise and know how to create this new technology.  For years they battled for the patent and the hardware to produce a television that the masses could afford.  The original television cost around $600 which in the 1940's and 50's was an astronomical amount of money.  With the development of competition between these companies, came the urge to produce in mass quantity a television that was both affordable and reliable - thus the beginning of the supply and demand concept.  With supply and demand in place, the pricing could come down as more and more televisions were being sold.

The same premise applies today with our computer companies.  As a newly developed electronic devise is created, the computer companies try to create a similar or completely "new and improved" version of this technology to provide to the consumer.  Initially when a device is manufactured, the price is usually high.  After mass production and mass sales of the device occur, then the initial company, along with the competing companies, seem to be able to produce the same or similar device for significantly less than the original.  Once again the supply and demand concept comes into play - once the demand is high and significant numbers are sold, the price tends to decrease.