Antitrust & Monopolies

Misunderstanding the Meaning of a “Monopoly”

As long as government secures and protects private property rights, enforces all contracts entered into voluntarily and through mutual agreement, and assures law and order under an impartial rule of law, “monopoly” as an economic or social problem is virtually non-existent. But introduce government intervention into the market system, and monopoly invariably becomes a social harm and an economic problem.

A Solution to the Postal Crisis

A Solution to the Postal Crisis

Congress continues to fiddle while the United States Postal Service (USPS) burns. The union for postal employees is upset that the postmaster general wants to cut 35,000 jobs. Many Americans are upset that the USPS wants to close 3,700 post offices. The postmaster...

Billion Euro Antitrust Fine Against Intel

Billion Euro Antitrust Fine Against Intel

The European antitrust regulator has announced last month that it will fine Intel Corporation $1.44 billion (1.06 billion euros) because it "harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for...

More Microsoft Antitrust Suit Insanity

More Microsoft Antitrust Suit Insanity

According to the Onalaska Life Newspaper, millions of dollars worth of vouchers that were part of Microsoft's settlement of a Wisconsin class-action antitrust case remain unclaimed. The settlement requires Microsoft to make available to class members up to...

Microsoft and Science Education

Microsoft and Science Education

Science education is a frequent topic in the news these days. Earlier this month, Microsoft announced a campaign to improve math and science education in the Seattle area. According to Brad Smith, a senior vice president and general counsel for Microsoft: "We're very...

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Microsoft should simply declare that it seeks the abolition of antitrust, and refuse to rest until these laws are repealed–or risk fading into obscurity.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.

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...

Public Agencies Take Turn Suing Microsoft

Public Agencies Take Turn Suing Microsoft

Antitrust settlements are a lot like shark chum--they attract predators instead of staving them off. Consider the case of Microsoft. Microsoft chose to settle an antitrust suit brought by the California class action bar to the tune of $1.1 billion dollars in software...

Capitalism and (Microsoft’s) Freedom

Capitalism and (Microsoft’s) Freedom

According to Kenneth W. Starr in his Feb. 19 Washington Times Op-Ed column, "A stitch in crime," the Microsoft antitrust settlement contains loopholes that allow Microsoft to avoid competing in the marketplace on the merits. Yet rather than attack Microsoft, perhaps...

Persecution of Microsoft is Immoral

Persecution of Microsoft is Immoral

The government's persecution of Microsoft continues unabated. The U.S. appeals court is now considering whether the Bush administration and 19 states negotiated an adequate settlement in their antitrust case against Microsoft. It's time for the American public to...

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 changes...

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...

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