MSFT Internet Explorer vs. NSCP Navigator Message Board

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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Daniel Schuh who wrote (21931)	12/4/1998 10:44:00 AM
From: Gerald R. Lampton	Read Replies (4) of 24154

"That shows that someone has something to hide or knows that they have done something wrong," Boies said. This answers my question; see my earlier post on the chain of logical reasoning that attempts to tie the fact he knows he "did something wrong" to the issues in the case. Our capitalist system does not rely on people doing what is right. It instead assumes people are basically selfish, even evil, and relies instead on their self-interested pursuit of gain to achieve greater good than would be achieved if people acted only out of goodness. What makes predatory conduct wrong is the fact that the conduct in question is not profit-maximizing, not that it drives competitors out of business. Yet, it is often legal for non-monopolists to engage in conduct that is not profit maximizing in order to drive out competitors. Therefore, in the absence of the fact Microsoft is a monopoly, the fact Microsoft drove competitors out of business, or intended to do so, would not be illegal, and the fact Gates felt guilty about engaging in such legal conduct would be irrelevant. So what is it that Gates' evasion is supposed to prove? That he knows Microsoft is a monopoly?

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