Article 4 of 36 Business A
look at the academic approach 02/18/2002
The Seattle Times Fourth Page C4 (Copyright
2002)
Comments on the Microsoft antitrust settlement also drew
interest from academics. Here are two excerpts.
Nicholas Economides
Professor of economics
New York University
Stern School of Business
"... I conclude that this is a fair settlement that imposes
appropriate remedies for the violations for which Microsoft
was found liable. The (settlement) contains some terms that
may be seen as favorable to Microsoft, while, in most of its
terms, it is favorable to the plaintiffs. Overall, in my
opinion, the settlement is more favorable to the plaintiffs
than what the final result of a remedies hearing would have
been, given the Appellate Court decision.
"... (T)he added uncertainty of an extended remedies trial
would affect adversely not only Microsoft, but also the rest
of the computing industry.
Rebecca Henderson
Professor of management
Massachusetts Institute of Technology
Sloan School of Business
"The proposed settlement falls short in two critically
important respects. Not only does it do almost nothing to
redress the harm caused by Microsoft's illegal conduct with
respect to Netscape, leaving Microsoft with all the fruits of
its illegal victory, but the provisions that it includes in an
attempt to prevent a repetition of Microsoft's conduct in the
browser case are limited and incomplete.
"... Microsoft's victory in the browser war leaves it in a
significantly stronger position to protect its operating
systems monopoly and to block threats from any competition
that might emerge to challenge it. The settlement does very
little to remedy this situation and is instead rife with the
potential for significant consumer harm."
Copyright [copyright] Seattle Times Company, All Rights
Reserved. You must get permission before you reproduce any
part of this material.
|