Word: spinnings
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...company is Microsoft, the country is the United States, and the clash of visions pits social planner against the market system. In May 1998, twenty states charged Microsoft with monopolistic foul play. The thematic centerpiece of their suit--with multiple spin-off charges--was that Microsoft leveraged its power in the operating systems market to aggressively increase the market share of its browser, Internet Explorer. Round One opened in District Court, the honorable Judge Thomas Penfield Jackson presiding. It closed to the brazen bell of his finding of fact on Halloween. The date was eerily appropriate for the 207-page...
Well-executed antitrust lawsuits can energize broad areas of the economy. That's the lesson of the AT&T case. The Justice Department's suit against Ma Bell concluded in 1982 with a consent decree forcing it to spin off the seven regional Baby Bells. It wasn't a panacea, but it kicked off a process that dramatically increased competition and improved service. And the Baby Bells have carried their competition into new areas like cellular telephones and Internet access...
...young girl laughs and waves to the milling crowd as she pumps the pedals of a unicycle with an oversize counterweight fixed beneath. As she tools back and forth along a thin cable strung 19 ft. above the ground, her friends wait for a chance to take a spin. Meanwhile they get an impromptu physics lesson from a guide on how the counterweight and gravity keep the unstable vehicle in equilibrium and prevent their friend from tumbling over...
What's the worst-case scenario? For Gates, it would be the court-ordered breakup of his company, but the investor might not fare badly. AT&T's spin-offs have consistently beaten the market since the government split that company. Forcing Microsoft to make its Windows source code available, opening it to competition from software writers would sting. But it would also produce incremental licensing revenue. Forcing Microsoft to design Windows to boot up AOL or another Web address would erode its dominance. But PC makers are starting to win that kind of flexibility on their own. It comes...
...Wants To Be A Millionaire? originated in Britain. Now that it's a big enough hit to spawn clones like Fox's Greed, will other networks import game shows? Notebook took a spin around the world to see what gems are left (and who should pick them...