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Reply #18: Antitrust Laws are Hard to Enforce [View All]

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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-12-09 10:46 AM
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18. Antitrust Laws are Hard to Enforce
IN 1999, a federal court ordered Microsoft to be broken up because of its anticompetitive practices in internet browsers. Microsoft was able to modify the ruling on appeal and prevent the breakup.

The ruling is actually a very simple and clear read in the definition of a monopoly and what what constitutes the abuse of a monopoly. IMO the original ruling was correct.

Now breaking up monopolies may or may not correct problems in a particular industry. Mortgage companies were not dominated by a Microsoft or Walmart during the real estate boom, but similar abuses were practiced by many smaller companies.

In technical industries competition and changes in technology have served to break up monopolies pretty effectively. IBM is no longer the 800-pound gorilla. Local telcos are losing their grip. Ten years from now, Google will probably have lost its dominance.
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