资源描述：
《understanding the business environment the economics of regulation》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。
1、bri75829_ch21.qxd9/5/0810:21AMPage638UnderstandingtheBusinessEnvironment:TheEconomicsofRegulationCHAPTER21CHAPTEROUTLINEImportanceofRegulationtoManagersEconomicMotivesforGovernmentInterventionDefiningandEnforcingPropertyRightsRedressingMarketFailuresRedistributingWealthEconomicThe
2、oryofRegulationDemandforRegulation:SpecialInterestsSupplyofRegulation:PoliticiansMarketforRegulationDeadweightLosses,TransactionCosts,andWealthTransfersManagerialImplicationsRestrictingEntryandLimitingSubstitutesFormingCoalitionsOnBusinessParticipationinthePoliticalProcessSummary
3、nMay1998,theU.S.JusticeDepartmentchargedMicrosoftCorp.withcrushingcompetitionandstiflinginnovationinthesoftwareindustry.1Eventhoughthelaw-Isuithadbeenrumoredwidely,Microsoftsharesstillfell3.8percentuponfilingthelegalaction.NineteenstatesrangingfromCaliforniatoNewYorkjoinedthesuit.T
4、hislitigationallegedthatMicrosoft’slong-standingpracticeofaddingfeaturestoitsWindowsoperatingsystemwithoutaseparatechargeamountstopredatorypricing:Itdrivesoutexistingcompetitorsanddissuadesotherfirmsfromenteringthesoftwaremarket.Inparticular,MicrosoftwasaccusedofdamagingrivalsNets
5、capeandSunMicrosystems.ThefederalgovernmentcontendedthatMicrosofthasuseditsWindows,whichwasinstalledon90percentofnewmachines,topressurepersonalcomputermakerstofavorMicrosoft’sbrowseroverNetscape’s.OfferedasevidencewererecordsofameetingbetweenMicrosoftandNetscapeexecutivesinJune19
6、95whereMicrosoftallegedlyproposeddividingthebrowsermarketbetweenthetwocompanies.Atthetrialin1J.Wilke(1998),“U.S.SuesMicrosoftonAntitrustGrounds,”TheWallStreetJournal(May19),A3;“MicrosoftSaysItWas‘SetUp,’”DemocratandChronicle(October27,1998),D12;D.Bank(1998),“IsMicrosoftaNewPublic
7、Utility?”TheWallStreetJournal(May19),B1;andM.France,P.Burrows,L.Himelstein,andM.Moeller(1999),“TheMicrosoftRuling,”BusinessWeek(November22),38–41.bri75829_ch21.qxd9/5/0810:21AMPage639Chapter21UnderstandingtheBusinessEnvironment:TheEconomicsofRegulation639October1998,Microsoftargu
8、edthatitwas“setup”byNetscape.Accordingto
