Microsoft, antitrust, and incompentent management:
Look, Reginald, read what I wrote. I didn't say, and I don't think anyone claims, that the competence of Novell's management was an issue in DOJ's interest in the Microsoft/Intuit merger. DOJ's interest was in the fact that it was, pretty obviously, anticompetitive. Microsoft chose to try to give away Money to Novell; it doesn't really matter who they tried to give it to. Would it have been effective competition in anyone's hands? If Money in Microsoft's hands couldn't compete effectively against Quicken (and this is pretty evident in Microsoft offering $2billion, plus giving away Money) how in the world can you argue that Money in anyone else's hands could effectively compete? Remember, Microsoft is the best-managed company in the world, to quote a frequent contributer here.
Anyway, this is far afield from what you and Sal were originally arguing, that it was unfair to allow Intuit to merge with AmExp, because DOJ didn't allow Microsoft to buy Intuit. My point was that there were more compelling and direct reasons for DOJ's interest in the Microsoft-Intuit merger than the hypothetical entry of Microsoft into banking. |