Antitrust Laws and whether or not Microsoft is a monopoly. Usa v. Microsoft plus bibliography
Title: Antitrust Laws and whether or not Microsoft is a monopoly. Usa v. Microsoft plus bibliography
Category: /Social Sciences/Economics
Details: Words: 1096 | Pages: 4 (approximately 235 words/page)
Antitrust Laws and whether or not Microsoft is a monopoly. Usa v. Microsoft plus bibliography
Category: /Social Sciences/Economics
Details: Words: 1096 | Pages: 4 (approximately 235 words/page)
For our modern Economy to progress and continue to flourish there must be competition between businesses. With Competition buyers are the boss, the market is their agent and businesses are the servants. A totally different system where a single seller controls the market of a certain product or good is called a monopoly. By controlling the supply of this product a monopolist can charge a higher than competitive price for that item. To prevent this
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Bank, David Microsoft Monopoly. September 1, 2001. ECON Los Angeles, CA P 14-23
New York Times July 12, 2003 http://www.nytimes.com/library/tech/reference/index-microsoft.html
US v. Microsoft: Current Case February 8, 2002 Joint http://www.usdoj.gov/atr/cases/ms_index.htm
Wired News: US v. Microsoft http://www.wired.com/news/antitrust/
Microsoft Encarta 2003 Windows XP Edition Antitrust, Monopolies & Sherman Antitrust Act
Bank, David Microsoft Monopoly. September 1, 2001. ECON Los Angeles, CA P 14-23