EconDebates - Monopololistic Competition

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Monopolistic Competition

Title

Introduction

Does globalization require a change in antitrust policy?

Full Debate

In the early years of U.S. antitrust enforcement, most antitrust cases involved domestic firms that sold most of their goods in the domestic economy. Lower transportation costs, information costs, and the development of international and regional free trade agreements have resulted in a dramatic expansion in international trade in recent years. In an increasingly global economy, the task of antitrust enforcement becomes more complex.

Is Microsoft a Monopoly?

Full Debate

In 1997, Microsoft operating systems accounted for 93% of all new sales of computer operating systems. Microsoft's Windows operating system has become the de facto standard for home and business computer applications. It is fairly clear that Microsoft is the dominant firm in the market for computer operating systems. The question in the current Microsoft antitrust case is whether or not the computer firm has used its market dominance to restrain trade in violation of federal antitrust statutes.

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Monopolistic Competition
Title	Introduction
Does globalization require a change in antitrust policy? Full Debate	In the early years of U.S. antitrust enforcement, most antitrust cases involved domestic firms that sold most of their goods in the domestic economy. Lower transportation costs, information costs, and the development of international and regional free trade agreements have resulted in a dramatic expansion in international trade in recent years. In an increasingly global economy, the task of antitrust enforcement becomes more complex.
Is Microsoft a Monopoly? Full Debate	In 1997, Microsoft operating systems accounted for 93% of all new sales of computer operating systems. Microsoft's Windows operating system has become the de facto standard for home and business computer applications. It is fairly clear that Microsoft is the dominant firm in the market for computer operating systems. The question in the current Microsoft antitrust case is whether or not the computer firm has used its market dominance to restrain trade in violation of federal antitrust statutes.