Competition, Innovation and the Microsoft Monopoly: Antitrust in the Digital Marketplace

Proceedings of a conference held by The Progress & Freedom Foundation in Washington, DC February 5, 1998

Editors: Eisenach, Jeffrey, Lenard, Thomas M. (Eds.)

Buy this book

eBook $159.00
price for USA (gross)
  • ISBN 978-94-011-4407-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $239.00
price for USA
valid through November 5, 2017
  • ISBN 978-0-7923-8464-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $209.00
price for USA
valid through November 5, 2017
  • ISBN 978-94-010-5894-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Do the antitrust laws have a place in the digital economy or are they obsolete? That is the question raised by the government's legal action against Microsoft, and it is the question this volume is designed to answer.
America's antitrust laws were born out of the Industrial Revolution. Opponents of the antitrust laws argue that whatever merit the antitrust laws may have had in the past they have no place in a digital economy. Rapid innovation makes the accumulation of market power practically impossible. Markets change too quickly for antitrust actions to keep up. And antitrust remedies are inevitably regulatory and hence threaten to `regulate business'.
A different view - and, generally, the view presented in this volume - is that antitrust law can and does have an important and constructive role to play in the digital economy. The software business is new, it is complex, and it is rapidly moving. Analysis of market definition, contestibility and potential competition, the role of innovation, network externalities, cost structures and marketing channels present challenges for academics, policymakers and judges alike. Evaluating consumer harm is problematic. Distinguishing between illegal conduct and brutal - but legitimate - competition is often difficult.
Is antitrust analysis up to the challenge? This volume suggests that antitrust analysis `still works'. In stark contrast to the political rhetoric that has surrounded much of the debate over the Microsoft case, the articles presented here suggest neither that Microsoft is inherently bad, nor that it deserves a de facto exemption from the antitrust laws. Instead, they offer insights - for policymakers, courts, practitioners, professors and students of antitrust policy everywhere - on how antitrust analysis can be applied to the business of making and marketing computer software.

Table of contents (13 chapters)

  • Introduction and Overview

    Lenard, Thomas M.

    Pages 1-18

  • Antitrust in the Digital Age

    Hatch, Orrin G.

    Pages 19-27

  • Antitrust in Software Markets

    Katz, Michael L. (et al.)

    Pages 29-81

  • Is Heightened Antitrust Scrutiny Appropriate for Software Markets?

    Muris, Timothy J.

    Pages 83-92

  • Using Leverage to Preserve Monopoly

    Salop, Steven C.

    Pages 93-102

Buy this book

eBook $159.00
price for USA (gross)
  • ISBN 978-94-011-4407-0
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $239.00
price for USA
valid through November 5, 2017
  • ISBN 978-0-7923-8464-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $209.00
price for USA
valid through November 5, 2017
  • ISBN 978-94-010-5894-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Competition, Innovation and the Microsoft Monopoly: Antitrust in the Digital Marketplace
Book Subtitle
Proceedings of a conference held by The Progress & Freedom Foundation in Washington, DC February 5, 1998
Editors
  • Jeffrey Eisenach
  • Thomas M. Lenard
Copyright
1999
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-94-011-4407-0
DOI
10.1007/978-94-011-4407-0
Hardcover ISBN
978-0-7923-8464-9
Softcover ISBN
978-94-010-5894-0
Edition Number
1
Number of Pages
X, 297
Number of Illustrations and Tables
1 b/w illustrations
Topics