Microsoft’s Tacit Surrender to Antitrust

Microsoft’s Tacit Surrender to Antitrust

In defense of its virtues, in exasperation of being cut down and cut down again, Microsoft should simply declare that it seeks the abolition of antitrust, and refuse to rest until these laws are repealed–or risk fading into obscurity. If Microsoft takes this righteous stand, it will be known for both leading the PC revolution, and for leading a far greater revolution in American business.

“Price Gouging” Laws

“Price Gouging” Laws

The House has approved a bill that imposes criminal and civil penalties (up to $150 million for refiners and $2 million for retailers) on any energy company found guilty of “price gouging.” But selling at prices some people feel is too high violates no...
Antitrust Incentives for Legalized Looting

Antitrust Incentives for Legalized Looting

Antirust law creates huge financial incentives-for the people who file antitrust suits. Consider the case of Lloyd Constantine’s recent award of $220 million dollars as lead plaintiffs counsel in the Visa International Service Association/MasterCard Inc....
Antitrust, Politics and the Media

Antitrust, Politics and the Media

On June 2, the Federal Communications Commission plans to vote on a new set of rules for media ownership. These rules dictate how many television stations can own, as well as cross-ownership of newspapers and television stations in the same market. The FCC’s...
Death by Antitrust: Mountain Health Care, R.I.P.

Death by Antitrust: Mountain Health Care, R.I.P.

Last Friday, Mountain Health Care of Asheville, North Carolina, will close its offices for good. The 11 year-old company died not from bankruptcy or poor business judgment, but of antitrust poisoning. More accurately, the United States Department of Justice executed...