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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: John F. Dowd who wrote (16045)2/15/1999 2:07:00 PM
From: RTev  Respond to of 74651
 
There is no case. The consumer has not been harmed.

There is a very good case. It's clear that the facts are going against MS in this round, but don't assume that the law will side with MS on appeal. The anti-trust laws are based on a theory that certain actions of a monopolist are inherently detrimental to consumers. There's no need to show actual harm.

Consider the company which set the standards for US Antitrust Law, Standard Oil. The way they grabbed the retail market in any new city was by significantly lowering the cost of kerosene in the town. Again and again, they priced local distributors and small refineries out of business. The antitrust laws were designed to ignore what was seen as a short-term benefit to consumers.