Daniel Koffler | July 1, 2005
The '90s have struck back in a big way, as Microsoft finally settled its anti-trust dispute with IBM. Full details here; bottom line is that Microsoft will cough up $775 million to make amends for "practices [that] harmed the International Business Machines Corporation." For harming IBM and other competitors, Microsoft has now paid or agreed to pay more than $3 billion in various settlements. No word on what Microsoft owes for emotional distress inflicted.
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So it appears that the way to filthy lucre is to found a
company, write a mission statement where you claim you're going to
revolutionize the world with a new operating system, hire a bunch
of lawyers, and SUE SUE SUE.
Isn't 'practices that harm etc etc' what competition is supposed to
be all about? Yeah, McDonalds is 'harmed' every time Wendy's
practices of 'having food that doesn't taste like old socks' and
'making their shakes out of icecream instead of chalk' entices me
to go to Wendy's. So why doesn't McD's sue the hell out of them?
And *force* them to use old socks and chalk?
No word on what Microsoft owes for emotional distress
inflicted.
WINNER! Dan gets the Most Understated Sentence of the Century
award.
Isildur, McDonald's might be big enough relative to Wendy's to have all of Wendy's franchises seized under eminent domain, but I digress.
I guess you get to a 95% market share by making a good product,
like Windows.
Hahahahaha... but really.
Even Nike in its heyday had only 70% of it's market.
I worked on OS/2 at the time Microsoft was killing its chances
with PC makers, including the IBM PC Company. You guys have no
friggin' clue what you're talking about - there could not be a more
textbook case of the abuse of monopoly power than this one.
(and before any bright guy brings up IBM's size; keep in mind that
IBM was still tied in knots by the previous antitrust action
against it; and effectively would not dare use their own size as a
weapon against MS - the PC Company was left to sink or swim, and
even though a lot of their customers WANTED OS/2, they usually
wouldn't give it to them out of fear of the kinds of things MS
could and occasionally did to them which affected the 80% of their
customers who wanted Windows).
and even though a lot of their customers WANTED OS/2, they
usually wouldn't give it to them out of fear of the kinds of things
MS could and occasionally did to them which affected the 80% of
their customers who wanted Windows
M1EK, pray tell, what might those things have been?
"there could not be a more textbook case of the abuse of
monopoly power than this one."
It's been noted that the only way a true monopoly is
possible is via the government. So, if Microsoft was in bed with
the gubmint to forcibly (and thus, unfairly) reinforce their market
dominance, then, sure, I see what you're getting at. But otherwise,
"monopoly" is just another word for market dominance.
Well, it is interesting to note that when the Justice Dept. was
making noise about Microsoft in the late '90s, ol' Billy had a chat
with his pal Bill Clinton over a round of golf.
Mysteriously, the JD shut up after that.
Also, I am led to comment that whether you wish to believe a thing
that is truth or not does not change the facts, only your
perception. Thus, whether you wish to believe Microsoft is a
crooked company with an ill-begotten monopoly or not is up to you,
but the fact that it is one is not dependent on your belief.
I would also like to take this opportunity to point out that in
general, Reason is reasonable. When they're right, they're dead on
-- which is most of the time.
But when they're off, woo wee, they aren't even in the
ballpark.
Once we get rid of government, human nature will comletely change, and nobody will even think of exploiting or harming anybody else in any way. Smart people will be satisfied to make some money and even help stupid people from time to time. Hunger for power and domination, which only flourishes in governments, will be a thing of the past. There will be no evil taxes and prosperity and peace will flow like a mighty stream.
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