This situation is so fundamentally flawed, it's hilarious that anyone is actually embracing it as if it could ever come about, even if you eradicated government altogether.
Its a hypothetical scenario used to highlight the possible extreme that laissez-faire capitalism could be taken to.
In any case, what would the computer software industry be like now if Microsoft had never suffered the consequences of anti-trust legislation?
How bad was it before that happened? As I recall it was much like today.