Microsoft Besieged: Antitrust in an Era of Creative Destruction

Competition Policy & Antitrust

Article Snapshot

Author(s)

Robert W. Hahn

Source

AEI-Brookings Joint Center Policy Matters 00-02; The New York Times on April 7, 2000

Summary

This short paper asks whether the antitrust suit against Microsoft makes sense.

Policy Relevance

The slow pace of antitrust regulation makes it less relevant in fast-pace technology sectors.

Main Points

  • The antitrust suit against Microsoft was filed in 1998.

 

  • Most of the testimony and evidence gathered concerned the state of the market in the 1990s.

 

  • By the time the court came to consider a remedy, most of the courts findings were irrelevant, because technology has changed the market so much.

 

  • Technological change, not antitrust, is the best guardian of competition.

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