Winners, Losers, & Microsoft: Competition and Antitrust in High Technology

by Stan J. Liebowitz, Stephen E. Margolis, Jack Hirshleifer (Foreword)

Few issues in high technology are as divisive as the current debate over competition, innovation, and antitrust. Analyzing famous examples of economic “lock-in” by dominant corporations of supposedly inferior products, this book makes the case that free markets in high technology industry deliver better products to consumers, at lower prices, without government intervention. This publication's careful scholarship, well-founded hypotheses, and refutations of previously accepted theories—extending far beyond the Microsoft case—make this publication a vital piece of understanding for the future of technology and economics.

Genres: Economics

302 pages, Paperback

First published March 1, 2001