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Essay / Research Paper Abstract
This 3 page paper examines antitrust issues in the computer industry and highlights the microsoft case. Whether or not antitrust issues are really relevant is at the crux of the dilemma. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA623eco.rtf
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Unformatted sample text from the term paper:
advantage to any firm that can achieve "critical mass" with a product. Here, the student is referring to events such as the release of Windows that contained the Explorer browser,
creating a ruckus in the industry. It resulted in a law suit as well. A student asks, what if any forces in the economy keep new economy monopolies, or near
monopolies, from abusing monopoly power? In other words, monopolies do have the power to extort money, so to speak. They can charge enormous rates for products because they have the
bulk of the market. What stops them from truly robbing the customer blind? The student goes on and asks whether or not antitrust laws are relevant here. Obviously, and
using the Microsoft example again, they are. There are two sides to the story, and here, it is hard to say which side is correct. The critics claim it was
" an unjustified assault on a business that held a large market share merely by outcompeting its rivals" ("United States v. Microsoft," 2006). Of course, one could say that the
monopoly concept should not exist and that government should stay out of all affairs. On the other hand, it is in the interest of the people to have competition. No
one really likes to have to pay close to a hundred dollars for cable television, but many people are doing just that. Another example is the telephone industry. The breakup
of the Baby Bells did liberate the customer as did the advent of competition in cellular phone technology. Today, people may pay a lot for some services, but they have
many choices and can make long distance calls for virtually the same price as calling across the street. Long gone are the telephone timers. Clearly, monopolies are dangerous. Yet, Microsoft
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