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Microsoft a Monopoly?
Microsoft a monopoly?
Recently in a landmark court decision, Microsoft Corporation was declared a monopoly. A judge ruled that the corporation uses monopolistic power in personal computer operation systems and used that power to squash potential threats from competitors. Arising from the Antitrust Acts of 1890 and 1914, the ruling is clearly one that needs greater evaluation and research.
A monopoly is an economic situation in which a single seller or provider supplies a commodity or a service. In this instance, there must be no practical substitutes for the product or services sold and no serious threat of the entry of a competitor into the market. This enables the seller to control the price. Under the Sherman Antitrust Act, monopolies are illegal and punishable by government intervention. The problem that arises though is what about companies that have advanced on creativity and technology that no one else is capable of producing? Do they deserve to be scrutinized for their ingenious ideas? Along with Microsoft, I agree that the antitrust laws need revision.
The antitrust acts are laws that maintain by le
Approximate Word count = 759
Approximate Pages = 3 (250 words per page double spaced)
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