Mozilla's Firefox is aggressively moving in on Microsoft's territory in the European web browser market. While Redmond's Internet Explorer continues to dominate with a 66.6% share, Firefox has won over 27.8% of the market—up from 21.1% last July and a spike of 3.1% in the last four months alone.
"Our goal is to promote choice," says a Mozilla exec. "Monopoly leads to lack of innovation." Microsoft denies any concern over Firefox's upward trajectory. "We certainly respect that some customers will choose alternative browsers," said a rep. Meanwhile, the seventh version of Internet Explorer has been plagued with security problems and bugs.