The Legacy of U.S. V. Microsoft
7 Pages Posted: 24 Feb 2004
Abstract
The recent Microsoft antitrust case had many profound implications, one of which was possible insight into the changing role of economics in antitrust. Microsoft started out as a "post-Chicago" theoretical case in which game theory and asymmetric information models suggested the software firm was engaging in competition-restricting practices. But the case ultimately devolved into a "pre-Chicago" case of impressionistic assessments of harm to competition from Microsoft's activities. The legacy of U.S. v. Microsoft may be that the promoters of post-Chicago economics may realize that they need to force the courts to get the economics right in order to get the results they want.
Keywords: Microsoft, antitrust, antitrust law, U.S. v. Microsoft, competition, monopoly, competitive advantage, regulation, technology
JEL Classification: L4, L43, L86, K2, K21
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
The Microsoft Case: What Can a Dominant Firm Do to Defend its Market Position?