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------ Forwarded Message From: Manhattan Institute <tmi@xxxxxxxxxxxxxxxxxxxxxxx> Date: Fri, 25 Mar 2005 12:38:17 -0500 To: Manhattan Institute <tmi@xxxxxxxxxxxxxxxxxxxxxxx> Subject: Latest Article by Thomas Hazlett Thomas W. Hazlett <http://www.manhattan-institute.org/html/hazlett.htm> is a Manhattan Institute Senior Fellow. His research focuses on law and economics, with particular emphasis on telecommunications policy. Press inquiries can be directed to the Manhattan Institute Communications Department <mailto:communications@xxxxxxxxxxxxxxxxxxxxxxx> , 212.599.7000 March 25, 2005 Is Microsoft toast? <http://news.ft.com/cms/s/0fa4c038-9c8b-11d9-b1c2-00000e2511c8.html> Thomas W. Hazlett, FT.com, March 24, 2005 The US government proved that Microsoft possessed, and illegally exploited, monopoly power in the "antitrust case of the century", the six-year action that ended in July 2004. The Final Judgment allowed Microsoft to remain whole, but imposed conditions that permit rival software makers to tuck their products into its Windows operating system. Anti-Microsoft groups were outraged; a spokesman for one said: "This decision represents the failure of antitrust laws in the high-tech industry...An unrestrained monopolist in the most vibrant sector of the economy cannot be good for America." The critics were right: the Government's remedies have had little impact. Yet today customers are flocking to Microsoft's competitors. Hammered on multiple fronts by opportunistic rivals, the high-flying starship of the PC Age has stalled, and many wonder if it will now crash and burn... Columnists <http://news.ft.com/comment/columnists> /New Economy Policy Forum <http://news.ft.com/comment/columnists/neweconomy> Exclusively to FT.com, Lawrence Lessig, Richard Epstein, Eli Noam and Thomas Hazlett debate the regulatory and legal issues generated by - and also shaping - the high-tech industries. The forum runs on a fortnightly cycle, starting on alternate Thursdays with a long essay by one of the contributors, followed by responses from one or more of the others. Manhattan Institute for Policy Research <http://www.manhattan-institute.org/> If you would like to unsubscribe, please reply to us and type "Unsubscribe" in the subject line. ------ End of Forwarded Message You are subscribed as roessler@xxxxxxxxxxxxxxxxxx To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/ |