An Economist's Guide to U.S. v. Microsoft
分析了美国诉微软案中的核心经济问题,指出网络效应和规模经济构成操作系统市场的进入壁垒,微软的行为可能损害消费者利益,并讨论了结构性救济与行为救济的利弊。
We analyze the central economic issues raised by U.S. v Microsoft. Network effects and economies of scale in applications programs created a barrier to entry for new operating system competitors, which the combination of Netscape Navigator and the Java programming language potentially could have lowered. Microsoft took actions to eliminate this threat to its operating system monopoly, and some of Microsoft's conduct very likely harmed consumers. While we recognize the risks of the government's proposed structural remedy of splitting Microsoft in two, we are pessimistic that a limited conduct remedy would be effective in this case.