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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Reginald Middleton who wrote (19513)5/20/1998 12:27:00 PM
From: Bill Harmond  Read Replies (1) of 24154
 
>>If boeing dropped the prices of planes across the board the consumer would have benefitted.

You still don't get it. Standard Oil "lowered prices across the board" also. They still got busted. Consumers don't benefit when competition is restrained, no matter how "benevolent" the monopolist's pricing is.

>>If they raised priced, the DOJ may have a say, but so would the market by going over to Airbus.

That's exactly the point of anti-trust law. Consumers wouldn't benefit if the US aerospace industry faded away because our single remaining player couldn't compete. That's what happens when there isn't robust competition. There must be an on-going process of creative destruction, just like in nature. That's how applied science stays strong, products remain relevant, and the economy remains stable. Checks and balances. Progress. Equal opportunity.

>>Do you disagree with the Judge's ruling?

If that's what they said, then absolutely yes.
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