Word: marketization
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Dates: during 1990-1999
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...heart of Barksdale's testimony was a June 21, 1995, meeting between Netscape and Microsoft to discuss the Internet browser market. It was at that meeting, Netscape says, that Microsoft crossed the line from aggressive competitor to rapacious monopolist. "It was like a visit by Don Corleone," Netscape co-founder Marc Andreessen recalled later. "I expected to find a bloody computer monitor in my bed the next day." Barksdale charged in his testimony that Microsoft's goal at the meeting was to illegally divide the browser market, keeping the lion's share for itself. "I have never been...
Justice contends that it was Microsoft's aggressive use of its market power--not the quality of its browser--that accounts for Internet Explorer's rapid growth at Netscape's expense. To make the point, Justice unveiled a memo from Hewlett-Packard complaining that Microsoft had prohibited it from installing Netscape if it wanted to keep installing Windows on its computers. "We are very disappointed," an H-P manager wrote. "From a consumer perspective, it is hurting our industry. If we had another choice of another supplier, based on your actions here, we would take...
...afforded it? Sarnoff's pension is worth $36,000, he has made a number of successful stock-market investments, and his wife's salary as a school administrator adds $80,000 annually. "We're not millionaires, but since we always saved our money and invested wisely," says Sarnoff, "I knew we would be able to swing my retiring when...
...want to switch some of your portfolio to more conservative investments, says Paul Westbrook, a Ridgewood, N.J., financial planner. Total up your annual personal expenses--such as rent or mortgage, utilities, food, health insurance, clothes, car, entertainment--and plan to have liquid assets--such as Treasury bills and money-market mutual funds--available to cover three years' worth of those demands, Chasnoff recommends...
...course, you also need to analyze your product or service to make sure there is a viable market for it, Thayer adds. Put together a business plan for your new venture about two years before you expect to retire, Westbrook says. And examine the tax ramifications, lack of stable income and costs involved in running your own show...