Stephen E. Margolis, Stan Liebowitz
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By: Independent Institute
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Customer Reviews:
Total reviews: 18
Average rating: 4.5 of 5
Brilliant debunking of current antitrust law 5 out of 5 stars.
21 of 22 people found this review helpful.
Forget Microsoft. This book will make you doubt everything you've ever been taught about lock-in, bundling, and the ease with which market dominance can be abused.But don't forget about Microsoft entirely--the book makes clear that the conventional wisdom about how the company achieved dominance could lead to "remedies" that would have a terrible effect on the software market as a whole--inevitably dooming winners to constant hamstringing or worse in order to enforce an artificial measure of competition.
The movie puts the lie to much that has been said about Microsoft by its critics, competitors, and even its advocates. Certainly no one connected to Microsoft has made such a devastating rebuttal of the charges against it. This book is a must-read for those interested in the outcome of that case.
Editorial Review:
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.