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Is Microsoft a Monopolist?

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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.

Suggested Citation

  • Soon-Yong Choi & Andrew B. Whinston & Dale O. Stahl, 1997. "Is Microsoft a Monopolist?," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 1(0), December.
  • Handle: RePEc:bej:issued:v:1:y:1997:i:0:soon
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    Cited by:

    1. Gilroy, Bernard Michael & Vollpert, Tobias, 1999. "Zukunftsperspektiven betriebswirtschaftlicher Forschung im Bereich der Internetökonomie [Future perspectives of economic research in the context of internet economics]," MPRA Paper 21086, University Library of Munich, Germany.

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    Keywords

    Microsoft; Monopoly;

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