Few issues in high technology are as divisive as the current debate over competition, innovation, and antitrust. Analyzing famous examples of economic "lock-in" by dominant corporations of supposedly inferior products, this book makes the case that free markets in high technology industry deliver better products to consumers, at lower prices, without government intervention. This publication's careful scholarship, well-founded hypotheses, and refutations of previously accepted theories--extending far beyond the Microsoft case--make this publication a vital piece of understanding for the future of technology and economics.…mehr
Few issues in high technology are as divisive as the current debate over competition, innovation, and antitrust. Analyzing famous examples of economic "lock-in" by dominant corporations of supposedly inferior products, this book makes the case that free markets in high technology industry deliver better products to consumers, at lower prices, without government intervention. This publication's careful scholarship, well-founded hypotheses, and refutations of previously accepted theories--extending far beyond the Microsoft case--make this publication a vital piece of understanding for the future of technology and economics.
Stan J. Liebowitz is a Research Fellow at the Independent Institute and Ashbel Smith Professor of Economics and Director of the Center for the Analysis of Property Rights and Innovation at the University of Texas at Dallas. He received his Ph.D. in economics from the University of California at Los Angeles, and he has taught at the North Carolina State University, University of Chicago, University of Rochester, and the University of Western Ontario. Professor Liebowitz is the author (with Stephen Margolis) of the widely acclaimed book, Winners, Losers & Microsoft: Competition and Antitrust in High Technology, as well as the books and monographs, Re-thinking the Networked Economy, Why Health Care Costs Too Much, The Relative Efficiency of Private and Public Broadcasting in Canada, The Impact of Reprography on the Copyright System, and Copyright Obligations for Cable Television: Pros and Cons.
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