Introduction America's century-old antitrust law is increasingly irrelevant to our modern global information technology market. This law is obsolete, in accordance to the current Microsoft situation, because in the past there wasn't technology as there is now. Recently the government has been accusing Microsoft as being a monopoly. "Techno-Optimists" claim that "efforts by government to promote competition by restraining high-tech firms that acquire market power will only stifle competition." Some analysts disagree. They concede that …
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showed last 75 words of 1346 total
…believe Microsoft is not a monopoly and probably never will be. Bibliography 1. Bank, David. "Why Software and Antitrust Law Make an Uneasy Mix," The Wall Street Journal, October 22, 1997, p. B1. 2. Gates, Bill., "Why the Justice Department Is Wrong," The Wall Street Journal, November 10, 1997, p. A22. 3. Moore, James F., "U.S. v. Microsoft: The Bigger Question," New York Times, January 25, 1998, p. 12-BU. 4. Train, Kenneth E., Optimal Regulation : The Economic Theory of Natural Monopoly, October 1991, p231-455