[PDF] Winners, Losers & Microsoft: Competition and Antitrust in High Technology (Independent Studies in Political Economy)

ISBN: 0945999801

Category: Tutorial


Posted on 2018-01-03, by luongquocchinh.

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Author: Stephen E. Margolis | Publisher: Independent Institute | Category: Management | Language: English | Page: 288 | ISBN: 0945999801 | ISBN13: 9780945999805 |

Description: Few issues in high technology are as divisive as the current debate over competition, innovation, and antitrust. Analyzing famous examples of economic lock-in by dominant corporations of supposedly inferior products, this book makes the case that free markets in high technology industry deliver better products to consumers, at lower prices, without government intervention. This publication's careful scholarship, well-founded hypotheses, and refutations of previously accepted theoriesextending far beyond the Microsoft casemake this publication a vital piece of understanding for the future of technology and economics. Review "Winners, Losers & Microsoft gives 'path dependence' a cold shower and sheds much needed empirical light on the success story we call Microsoft. The book is a pleasure to read . . . If you want to know the real reason we use QWERTY instead of the Dvorak keyboard and why we watch videos on VHS instead of Beta, read this book." George Bittlingmayer, Professor of Economics & Finance, Unversity of California, Davis "Winners, Losers & Microsoft is instructive for all participantsthe judge, defendants, plaintiffs and experts in the DOJ vs. Microsoft tragicomedy. For the rest of us, including Microsoft cusotmers and competitors, it is not too late to learn, as well as be entertained by, the Liebowitz-Margolis explanation and histories of several presumptive 'monopolies' of 'networks' and 'entrenched universal users.'" Armen A. Alchian, Professor of Economics, UCLA "innovative and utterly convincing Their dismantling of commonly accepted myths about the QWERTY typewriter keyboard and the VHS-versus-Beta video struggle makes fascinating and illuminating reading. They conclude that Microsoft doesn't dominate software markets by cheating, but by creating products that work better than others." Mark Henricks, American Way Magazine

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