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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Bearded One who wrote (21579)11/19/1998 11:06:00 PM
From: Gerald R. Lampton  Read Replies (1) of 24154
 
Well, I told you to show me the deadweight loss, and today that's exactly what Warren-Boulton did:

Federal Filings Newswires
Copyright (c) 1998, Dow Jones & Company, Inc.

Thursday, November 19, 1998

DOJ Expert: MSFT Prices Higher Than Compet. Levels
FORM TYPE: LEGAL
ISSUER: FEDERAL FILINGS BUSINESS NEWS
SYMBOL: X.FFI
WASHINGTON (FFBN) -- The Department of Justice economic expert testified this morning that because of its monopoly power, Microsoft Corp.'s (MSFT) prices are significantly above the competitive level.
When asked to quantify the amount by a Microsoft attorney
during cross examination, Dr. Frederick R. Warren-Boulton stated that
the FTC merger guidelines define the word significant as at least five
percent. Warren-Boulton noted, however, that in his opinion,
Microsoft's prices were "significantly above" that five percent
threshold.
The Department of Justice and 20 states have shifted focus of
their courtroom presentation of competitor complaints to the fundamental building blocks they must prove to win their case.
Warren-Boulton stated in his direct testimony that Microsoft
has a monopoly in the operating system market, that it has engaged in a number of practices that significantly impede the commercial
opportunities of rival Internet Web browser producers and that
Microsoft's practices cannot be justified on efficiency grounds.
Patti Dennis, Esq.
Legal Editor
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