Antitrust Policy

Should more be done to promote competition?

  • By:Kenneth Jost
  • Content Type: Report
  • Publisher: CQ Press
    • Publication year: 1998
    • Online pub date:
  • DOI: https://doi.org/10.4135/cqresrre19980612

Introduction

For more than a century, federal law has sought to encourage competition by prohibiting monopoly behavior and other anti-competitive business practices. Now the government is accusing giant Microsoft Corp. of illegally trying to stifle competition in computer software markets. Microsoft says it has done nothing wrong and argues that the parallel suits by the federal government and a coalition of 20 states will stifle innovation and hurt consumers. The high-stakes court action comes as the Justice Department and the Federal Trade Commission are also more closely scrutinizing corporate mergers that may restrict competition. With a record wave of mergers, some people are cheering the more aggressive policy and some want the government to do even more, but others say the government should let the marketplace ...

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