Is Microsoft a Monopolist?
Soon-Yong Choi (),
Andrew B. Whinston () and
Dale Stahl
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Soon-Yong Choi: The Center for Research in Electronic Commerce The University of Texas at Austin, http://cism.bus.utexas.edu/
Andrew B. Whinston: The Center for Research in Electronic Commerce The University of Texas at Austin, http://cism.bus.utexas.edu/
Brazilian Electronic Journal of Economics, 1997, vol. 1, issue 0
Abstract:
Static theories of firms often fail to explain the tendency toward standardization and de facto monopolization by software and digital product firms. This article examines arguments favored by new economics of information: no market power, increasing returns, and network effects. We evaluate whether these concepts can explain the nature of Microsoft's monopoly market power or provide any rationale for the argument that the de facto monopolization creates no inefficiency.
Keywords: Microsoft; Monopoly (search for similar items in EconPapers)
Date: 1997
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