Word: marketization
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Dates: during 1990-1999
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...that if it were a monopoly, Microsoft would charge at least 16 times as much for Windows as it actually does. Microsoft makes much of the fact that the government's economist, Franklin Fisher, testified that consumers weren't being hurt by Microsoft's actions in the Internet-browser market. Of course, Fisher also said he believed there will be harm--just that it hasn't happened...
Microsoft also contends that the government's factual case--those e-mails about dividing up the Internet-browser market, the deals that reward companies for using Microsoft's browser--is based on a fundamental misunderstanding about how the computer industry works. When the company leans hard on rivals, it says, it's playing typical high-tech hardball. Oracle, Intel or Apple, Microsoft insists, would do no differently. And meetings that look collusive to lawyers in Washington are required in an industry where rival products must fit together. "There have to be some standards," says Neukom. "That means collaboration, that means...
...that this is a PC-centered world," says Neukom. In the near future, Microsoft argues, computers may run on free, open-source software, or may use the Internet as a platform for running applications like word processing and e-mail, making Windows obsolete. In Microsoft's view, its dominant market position is just one paradigm shift away from being undone...
...next few years, things should remain unsettled. Although genetic technology is progressing rapidly, it could be years before a seed containing Terminator genes is ready for market. Lawsuits challenging the technology are likely to advance more slowly still. All this gives Monsanto a chance to rethink its marketing strategy. It may decide to limit the number of Terminator crops it develops or sell supercrops to the developing world without Terminator genes. Says Terminator critic Mellon: "There are many, many opportunities for this thing not to work." What worries critics is what happens if it does...
...State of the Union address, President Clinton said he wants $2.7 trillion of projected government surpluses set aside for Social Security. That is a good idea. He then wants a quarter of that, about $675 billion, invested in the stock market. That is a bad idea. Indeed, it might just be the worst idea of the decade...