U.S. Justice Department on 'attempted' monopolization: anticompetitive practices are lawful without 'market power.'

Article Abstract:

The US Supreme Court in Spectrum Sports v. McQuillan limited Sherman Act section 2 actions by requiring antitrust plaintiffs alleging anticompetitive practices to show market power and probability of developing monopoly power. Section 2 had been used to attack individual firm behavior while section 1 addressed collusion between firms. The Court accepted the views identified in the amicus brief of Pres. Bush's Solicitor General. Spectrum Sports renders section 2 of the Sherman Act ineffective and gives firms without provable market power the freedom to act anticompetitively.

Laws, regulations and rules, Industrial concentration

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Microsoft's illegal conduct: text of Netscape's letter to the U.S. Justice Department

Article Abstract:

A letter to the US Dept of Justice cites Microsoft's apparently illegal conduct regarding its competitors. The letter, from Netscape's legal counsel, accuses Microsoft of predatory pricing policies, illegal side payments, improper discounting, coercing its suppliers, buying exclusivity, and other improprieties. The letter also states that Microsoft has attempted to monopolize the market and drive out competitors such as Netscape. The pending Consent Decree is also discussed.

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Computer software industry, Software industry, Microsoft Corp., Investigations, Crimes against, MSFT, Netscape Communications Corp., Price cutting

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The case for monopoly and no rebuttal: George Mason's 'Econlaw' discussion group

Article Abstract:

Internet discussion groups on anti-monopoly policy have a bias against including non-Chicago school attitudes, just as 'law and economics' print journals and seminars for US judges and academics exclude non-Chicago attitudes. Any effort to express an opposing point of view on an online discussion group is met by the Internet practice known as 'flaming' and by the offender's dismissal forthwith. Posts to Internet disussion groups are given.

United States, Analysis, Monopolies, Chicago school of economics, Monetarism

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