Independent Studies in Political Economy

1 total work

Winners, Losers and Microsoft

by Stan J. Liebowitz, Stephen E. Margolis, and S. Leibowitz

Published 1 January 1999

Few issues in the high-technology field are as divisive as the raging debate over competition, innovation and antitrust. Why do certain products and technologies become dominant while others fail? Is there something about high technology that makes markets less dependable at choosing goods and services? Will the robust competition and tremendous technological advances of the past two decades continue? Or, will they be suffocated by larger firms employing monopolistic practices? Is antitrust primarily employed against monopolies to increase competition for the benefit of consumers, or is it actually a vehicle that firms use against their rivals to restrict the competitive process? Winners, Losers and Microsoft is the authoritative and in-depth book on these and other pressing questions now confronting high-technology markets.