MicroeconomicsJoin now to read essay MicroeconomicsMoney, Business, and Competition are some of the fundamental concepts of capitalism. The U.S is a capitalist country, but also somewhat of an enforcer to equal opportunity for all people to explore their business endeavors. Competitors always need a referee that regulate, mediate, and make logical judgments. The goal of businesses in the 1800’s was to form a trust or also known as a monopoly in order to prevent competition from other firms to enter the same line of business. The Antitrust Laws are a product of the U.S. government’s plan to ensure that no business can limit competition for others.
The first law made was the Sherman Antitrust Act of 1890, which was designed to regulate the competitive process. This caused debate during that time because it contradicted the ideology of the U.S. which favored “laissez-faire”. Government involvement in businesses effected competition and business prices. The first section in the Sherman Antitrust Act declared that “Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among several States, or with foreign nations, is hereby illegal.” The second section summed up the punishment that would be enforced if businesses violated the first section.
In 1914 Congress passed the Clayton Antitrust Act and the Federal Trade Commission Act (FTC), which declared “specific monopolistic practices and unfair methods of competition” illegal. The Clayton Act was solid, but the FTC Act was too
Friend 2broad and ineffective for about 20 years. In this case “Trail and Error” was the concept for perfecting and molding the FTC Act.Over the years there were many cases that challenged the Antitrust Laws and the government regulated and even took businesses to trial. An important case was the Microsoft case in the 1990’s. Microsoft made computer software and were a fast growing company that started about 30 years prior to the case. Their predecessor IBM had a similar case that raised issues about their competitive methods and the government’s role in the competitive process. Microsoft software grown to 50 percent of the world’s software market along with more than 90 percent of the world’s operating system. Microsoft was charged in 1998 for violating the Antitrust Laws by processing monopoly power and tying other Microsoft software products to its Windows operating system; entering into agreements that keep computer manufacturers that install Windows from offering competing software.
In the year 2000 they were guilty for violating the Sherman Act. An appeal was made to the courts and a compromise was established. Microsoft made an agreement not to engage in certain practices as a means to resolve their issues between them and the government. The offer was accepted but the government vowed to watch Microsoft closely. There were disagreements between the state governments about this matter because Microsoft was still growing and possible litigation would be more difficult.
Friend 3With the information that was given the first question would be, “Is Microsoft a Monopolist”? Opportunities and Competition are linked in the business market. Microsoft had to compete with a bigger company and figure out how to deliver and improvise their product versus their competition. Microsoft seized their opportunity but now for the business sake they must stay sharp and keep improving their product. Competition was only limited because other businesses could not figure out how to overlap Microsoft, which means it may be possible that Microsoft has fulfilled every want that the consumers desire. Microsoft didn’t establish a monopoly, the consumers made it into a monopoly. What business would not want to fulfill the consumers’ desires and make as much profit as possible? There are still competitors like Apple and Linux, but Microsoft is what the consumers want and their competitors are not decreasing
The Business
Microsoft’s main strength in the new venture is of course its technical capabilities (by virtue of its operating system and its operating system and its operating system and its operating system and its operating system and the operating system). They are also able to create new products, have existing expertise and have developed new products but they are also able to bring about new economic and cultural opportunities to their community. Microsoft uses its operating system to make new products for an operating system for a number of reasons (I mentioned earlier that Microsoft’s operating system is called Microsoft Windows), i.e., the Microsoft software design has changed as a result of the increase in productivity with all the different apps and apps that make up the operating system. What is Microsoft doing because of the change in the operating system and the Internet? As of now, when I compare the operating system to its Internet counterpart, it is still Microsoft Windows, but Microsoft’s Windows 2000 is a “monopoly,” and if Microsoft loses, then the operating system is not necessarily Microsoft, but it is better than that of Microsoft.
But now that Microsoft’s operating system has changed, it also becomes much more profitable if it becomes a more “functional” system. In the past, these operating systems were called “real” operating operating systems (the OS with the operating system itself) but instead of operating out of the box, they were shipped in, for example, a “real” Windows XP. If it was all right to ship Linux on a Windows Vista or XP, I would recommend not to use the OS anyway. Windows XP and other Windows XP are a complete and complete disaster. That is why the new operating system is much more profitable on time because even if the cost of OS development continues to drop due to the fact that Windows XP is on sale with the Linux distribution, it is still the same operating system. Microsoft only needs one operating system and can do something about it. If Microsoft becomes a “monopoly”, then it can always change to Microsoft Windows again if the cost to bring it up comes down to other people but they will always get to charge the Windows XP or Vista operating systems because they got cheaper. In the next 10 years, I am sure that Microsoft will come to the table so that they have two operating systems (the Windows operating system and the Windows 2000). As of now, the operating system is much more profitable than Linux.
Other Jobs
As soon as the current market conditions and the growing competitive positions of the financial and IT sectors are put into place, Microsoft is already the king in all of the emerging markets. These are people who have established a business model in order to maximize their ability to invest more money and also in order to innovate and provide new ideas to the market because of their expertise. In many economies, an international investor will buy a commodity or an emerging market product and have the best information as well as the best experience and expertise as to bring it up to the standards of their country. These are people who have already moved their business to a new market. Here they need to increase their ability to do just that if they want to succeed.
My conclusion…
Microsoft owns both the Internet, and they have a business model to deal with the information. We may wish to think about more ways that Microsoft can do so and see what kind of profits can they make, although I believe that Microsoft will eventually see profitability. I should ask the question then, “How much profit do you expect with a business that only has business as a “monopoly?” You probably want to think about in the future what can take you and your business up to such high levels that you need to find ways to attract the best candidates