Linked by Thom Holwerda on Mon 24th Apr 2006 20:29 UTC
Law and Order Microsoft told a European Union court on Monday that regulators had completely misunderstood thriving competition in the software market in issuing a landmark antitrust ruling against the giant U.S. company. But an internal Microsoft memo presented by a coalition of critical companies suggested founder Bill Gates was told that a strategy used to crush the rival Netscape browser could also take down the leader in streaming media, RealNetworks' RealPlayer.
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RE: Capitalism
by superstoned on Tue 25th Apr 2006 10:03 UTC
superstoned
Member since:
2005-07-07

point is, this capitalism could work for the community. you may 'kill' your competition, if you do it by being better. nothing wrong with that, as long as the market keeps open to a new competitor, better than you are, so he can kill you. and so on.

but a government has to carefully monitor the behaviour of big companies, as those (of course) tend to use their power to disrupt the market and use unfair advantages to kill of the competition.

if you don't stop them, prices go up, quality goes down, and we're all screwed. so the government (the EU council) must do their job. problem is, they don't. why? because MS has money, and uses that to influence the political environment to their advantage. this should be impossible, and illegal - both are unfortunately not the case now.