Government Intervention and Antitrust Law

            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
             Government Intervention in Individual Markets:
            
             A Look at Government Intervention and Antitrust Law via the Microsoft Case
            
            
            
            
             Growth and Development in the US Economy
             36-363
             Professor Burnett
            
            
            
             Josh Preiser
             0032432
             May 9, 2000
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
            
             Preface
            
            
             In light of recent developments, I took a different approach to this paper. The Microsoft Antitrust case has been somewhat of a phenomenon that has become one of the most prominent cases in recent years. Because of this, I decided to look at government intervention into individual markets, along with antitrust law, via that particular case. I am of the opinion that we can learn a great deal by using that particular ongoing litigation.
            
            
            
            
            
            
            
            
             Antitrust law protects the public from companies that attain an undue domination of the marketplace via mergers, tying 1 product to another, vertical integration, and other practices tending to eliminate competition or bar entry into the market to newcomers.
            
             In the early 1980s, Microsoft was a much smaller company than it is today. However, it had already established a reputation of being a predator, a greedy predator. They were known to terminate licenses mercilessly once they figured out a way to clone a given technology, regardless of whether it was legal or not. Back then, Microsoft had some enthusiastic competition. The biggest of which were Borland (programming), Ashton-Tate (databases), Visicalc and Lotus (spreadsheets), as well as Wordstar and WordPerfect (word processors). All of these companies have now either merged out of existence or are completely defunct, with the exceptions of Borland and Lotus (which are barely afloat). Microsoft now has the leading product in each sector of the market once occupied by these firms. The company was responsible for ridding itself of these early competitors by either buying them out o...

More Essays:

APA     MLA     Chicago
Government Intervention and Antitrust Law. (2000, January 01). In MegaEssays.com. Retrieved 00:47, May 20, 2024, from https://www.megaessays.com/viewpaper/43853.html