Subject:
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Re: Bill Gates' real crime...
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Fri, 5 May 2000 15:34:29 GMT
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Viewed:
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188 times
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It seemed to me a pretty clear-cut case of monopolistic practices. Investors
big and small should have seen this coming miles away. Microsoft even got a
previous wake up call, dodged the bullet on penalties, and proceeded to behave
as arrogantly as humanly possible. Pride goes before the fall. Idunno, I just
can't see this as the Justice Department's fault - Microsoft pretty much had
neon signs flashing "Monpolistic tactics - Watchya gonna do about it?"
Bruce
In lugnet.off-topic.debate, Larry Pieniazek writes:
> may be killing the goose that laid the golden egg.
>
> "When bank robbers steal your money, at least they have the
> honesty to admit they're just thieves,"
>
> "When the Justice
> Department destroys $200 billion in wealth, it has the gall to claim
> that it is acting for our own good. That's the real crime -- and the
> reason why the tax-funded political power of the Justice Department is
> far more dangerous than Microsoft will ever be."
>
> "With its Microsoft decision, the Justice Department looted the
> savings and retirement funds of 80 million Americans who directly own
> Microsoft stock or invest in one of the 2,000 mutual funds that include
> Microsoft stock -- proving that the Justice Department is more costly
> than any criminal gang," said Dasbach. "After all, it takes crooks a
> whole year to steal $28 million from banks, but it took the government
> only one lawsuit to steal $200 billion from Americans."
>
> -- Steve Dasbach, LP national director
>
> A few other tidbits. If this was a good decision for competition, why did all
> the competitors stocks go down, you'd think they would have soared! If this • was
> a good decision for Microsoft holders where's my 40 bucks a share in lost • value
> over the last few months supposed to be made up from? Breakup value of the two
> companies JD is proposing is 20, and 25 a share. If this was a good decision
> for consumers, why do 59% favor MS and only 29% favor a breakup?
>
> Note: Pejorative label used on Reno for dramatic effect, but if the shoe
> fits....
>
> ++Lar
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Message has 1 Reply:
 | | Re: Bill Gates' real crime...
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| (...) While MS may have had some anti-competitive practices, I haven't seen anything which justifies a breakup. Some thoughts of mine on some of the issues which have been raised: - MS billing vendors for a copy of Windows for every machine sold: Do (...) (25 years ago, 5-May-00, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Murderer Reno's real crime...
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| may be killing the goose that laid the golden egg. "When bank robbers steal your money, at least they have the honesty to admit they're just thieves," "When the Justice Department destroys $200 billion in wealth, it has the gall to claim that it is (...) (25 years ago, 4-May-00, to lugnet.off-topic.debate)
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