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- From: helz@ecn.purdue.edu (Randall A Helzerman)
- Newsgroups: comp.os.os2.advocacy
- Subject: Re: FCC will proclaim Microsoft is run by Communists! :)
- Message-ID: <1993Jan2.232506.2843@noose.ecn.purdue.edu>
- Date: 2 Jan 93 23:25:06 GMT
- References: <1992Dec22.120639.23608@noose.ecn.purdue.edu> <1993Jan2.003855.26051@midway.uchicago.edu> <1993Jan2.041302.24465@noose.ecn.purdue.edu> <1993Jan2.060223.4340@midway.uchicago.edu>
- Sender: news@noose.ecn.purdue.edu (USENET news)
- Organization: Purdue University Engineering Computer Network
- Lines: 23
-
- In article <1993Jan2.060223.4340@midway.uchicago.edu>, sip1@ellis.uchicago.edu (Timothy F. Sipples) writes:
-
- |> The arguments about Microsoft not holding a gun to anyone's head are
- |> irrelevant. That isn't the point of antitrust law.
-
- My point isn't that Microsoft _isn't_ holding a gun to anyone's head as much
- as the FTC _is_. The antitrust laws are unjust from an abstract moral
- viewpoint because they are based on the premise that the ends (hacking
- Microsoft down to size) justify the means (in effect, armed robbery of
- market share by the FTC) which is bogus. They are also unjust from a
- pragmatic view because they allow companies from countries like Japan to
- have an unfair competative advantage over U.S. industries--result: we don't
- manufacure DRAM, LCD displays, Cameras, VCR's etc etc here anymore, and our
- factory workers "enjoy" a lower wage than Japanese factory workers do.
-
- |> The arguments about free entry are interesting (namely that if a
- |> monopoly were to develop then a competitor would simply come in and
- |> charge a lower price), and that does happen quite frequently.
- |> However, entry into a market may be restricted for various reasons.
- |> There may be a high fixed cost to entry, for example.
- |> End of economics lesson. :-)
-
- In general, a well thought out and well written post.
-