Microsoft Monopoly
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While the Federal Department of Justice and most of its competitors argue that Microsoft is a greedy, bullying company, lead by a monopolist whose tactics make former Robber Barons during the Gilded Age look polite, others argue that Microsoft and its CEO co-founder William H. Gates, III, represent the most successful corporation and entrepreneur of the millenium. Due to new technologies and the transformation from the industrial age to the information age enabled Gates and Microsoft Corporation to surpass all other entrepreneurial efforts of the 20th century:Only one man has directed a company to publicly traded worth of about half a trillion dollars—when compares to nations, his company boasts the ninth largest economy in the world. At 44, he may be the richest man in history, worth approximately $77 billion. He’s also created more millionaires than anyone in the history of business. Despite such success, the year 2000 was a woeful one for the wundercompany. Not only did the company’s stock plummet, but Federal Court Judge Thomas Penfield Jackson ruled that Microsoft Corp represent a monopoly and should be split into two separate entities (Taft 80). Seven judges are currently hearing Microsoft’s appeal of the ruling which will effectively split the company in two if Microsoft loses. Yet, many argue that while Microsoft may represent monopolistic power, its tactics pass the main test of antitrust violation
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s of those polled think the government should leave him alone” (Grant 164). One of the reasons Gates is so popular among consumers is also the reason why his competitors charge he has violated antitrust laws. Gates packages his browser software with his Windows operating system. Competitors have charged this is unfair and stifled competition and consumer choice, but consumers receive the browser for free. Can a company actually be guilty of violating antirust laws aimed at protecting consumers because they give them a product for free? When Rockefeller was involved in his antitrust suit, public opinion was rooted against him, but then consumers, most of who paid for Standard Oil in their homes, were being economically harmed by a lack of competition.
Stuart J. Johnston notes in Informationweek, that “The US Supreme Court’s decision not to hear the direct appeal of Microsoft’s antitrust case significantly lowers the probability that the company will be broken up” (186). Microsoft is already aware of its behemoth size and structure. Many industry analysts claim that the company is working on ways to break the organization into components anyway. So, too, many argue that Judge Jackson was biased against Microsoft and his beh
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Approximate Word count = 1659
Approximate Pages = 7 (250 words per page)
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