So they used their classical model of innovation, where they take technology somebody else developed, make their own low quality adaptation, throw millions of dollars in marketing behind their version, and spread fear, uncertainty, and doubt through misinformation and misrepresentation of the facts. Once they gave a bundled version of their browser away with Windows, successfully drove Netscape out of business through uncompetitive monopolistic practices, they grabbed nearly full control of the industry, and some of us may have begun to wonder whether the Web itself would survive Microsoft's assaults. IE has always been ridiculously buggy and insecure.
Then the defunct Netscape corporation Open-Sourced their Navigator code, forming the Mozilla project. At first, although it was still far technically superior to IE (duh, it was Open Source), Mozilla suffered terribly from being bloat-ware. Then a "Phoenix" arose.
I was an early user of the Phoenix browser (0.6 or 0.7 on Linux) because it was extremely minimalist in nature, yet still supported most web pages fine (which was what I really needed). Phoenix effectively took the bloat out of Mozilla, and made it a lean, mean, browsing machine. Then they went through a phase of changing their name all the time. After Phoenix, they were Firebird, then that conflicted with the Open Source database project, so then they were finally Firefox. There is even a browser extension that mocked their perpetual name changes by changing the displayed name of the browser randomly every day.
Firefox took off so successfully that Mozilla moved their main browser development efforts to Firefox instead of Mozilla, and only continued the full Mozilla browser in the SeaMonkey project. But then they did something I thought was stupid: Firefox was better than Mozilla because it was minimal, so everybody started using it instead. When Mozilla saw that everybody was using Firefox, they took a bunch of the bloat from Mozilla and put it back in Firefox! Firefox was still much better and faster than IE, (and Mozilla), but minimalist no more.
Then Apple came along with Safari. Safari used KHTML, the Open Source HTML rendering engine of KDE's Konqueror web browser. I had used Konqueror, and it was a joke. It was a quick and dirty hack that could kind of muddle through some basic HTML rendering-- the kind of HTML rendering engine I probably could have written myself. But then Apple vastly improved it for Safari... And then Google finally released their much anticipated and rumored Google Web Browser, Chrome.
Chrome far exceeded the rumors! Google Chrome used the KHTML engine like Safari (and was pretty much based an Safari an awful lot), but added incredible, vast, and revolutionary improvements to the whole concept of the browser. I thought it was ironic that they brought the table back around to minimalism, like Phoenix had done years ago. Chrome's minimalist design implemented by default, many of the manual customizations I had already been making to my Firefox (minimizing the toolbar controls, putting the address bar in the same bar as the buttons, using one box for address and search, etc.) Plus Chrome added invaluable and unprecedented qualities like not crashing the whole browser when one plugin or page crashes, and, the piece de resistance: