Competitors to Benefit From Microsoft Settlement; Says Tech Central Station Host, James K. Glassman.Business Editors/Hi-Tech Writers WASHINGTON--(BUSINESS WIRE)--Nov. 5, 2001 The recent stock market activity indicates that the Microsoft settlement will benefit not only Microsoft but the company's competitors as well, and add a needed boost to today's struggling economy, said James K. Glassman, in an article featured today on Tech Central Station. Glassman notes, "Microsoft's own stock rose $3.69 a share, or 6.3 percent, on Thursday. But that wasn't the big story. More remarkable - at least at first glance - were the sharp increases in the stock prices of Microsoft's fiercest competitors, the companies that encouraged the Justice Department and state attorneys general to file the suit in the first place and to keep pushing for a breakup breakup The division of a company into separate parts. The most famous breakup to date was the 1984 division of AT&T (formerly, American Telephone & Telegraph Company). This breakup was intended to increase competition in the communications industry. ." In the article Glassman explains how the computer industry in general has and will benefit from the settlement of the Microsoft antitrust case Noun 1. antitrust case - a legal action brought against parties who are charged with limiting free competition in the market place action at law, legal action, action - a judicial proceeding brought by one party against another; one party prosecutes another for a . "(F)irst, Microsoft provides a standard platform that makes programming easier for the vast majority of software and hardware companies; second, Microsoft's success helps spread computer use (and Internet use) throughout the world, blasting open a marketing path that other companies, almost as free-riders, can exploit; and, third, when politicians prey on Microsoft, investors worry (correctly) that intervention will eventually spread to other successful companies." In conclusion, Glassman calls on companies like AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. and Oracle to "stop devoting resources to paying lobbyists and lawyers to fight this deal and instead to concentrate on research and innovation - better and cheaper products to help consumers and the economy." He states that "Windows XP The previous client version of Windows. XP was a major upgrade to the client version of Windows 2000 with numerous changes to the user interface. XP improved support for gaming, digital photography, instant messaging, wireless networking and sharing connections to the Internet. has been the most important technology catalyst of the year." James K. Glassman is host of Tech Central Station, a resident fellow at the American Enterprise Institute The American Enterprise Institute for Public Policy Research (AEI) is a conservative think tank, founded in 1943. According to the institute its mission "to defend the principles and improve the institutions of American freedom and democratic capitalism — limited government, , and Washington Post columnist. The entire article can be found at http://www.techcentralstation.com/ NewsDesk.asp?FormMode=MainTerminalArticles&ID=103 (Due to the length of this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. , it may be necessary to copy and paste To copy files from one location to another or to copy text and images from one document to another. All modern operating systems and applications have a copy and paste capability that is typically selected from an Edit menu. See cut and paste and Win Copy between windows. this hyperlink into your Internet browser's URL address field.) Tech Central Station is an online think tank focused on the intersection of technology, investing and public policy. www.TechCentralStation.com |
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