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At the end of the 19th century, social and economic changes
brought about by the Industrial Revolution threatened the viability of
capitalism. By creating antitrust law, the government successfully
curtailed the worst abuses of monopoly power. Now, at the end of the
20th century, we are in the midst of the Information Revolution. The
applicability of 20th century law to the 21st century economic order
is being tested by recent government action against the largest of the
software giants, Microsoft Corporation. Our project examines the
Microsoft antitrust case and its historical precedents. We consider
the legal and economic implications of monopoly power in the software
industry and evaluate several possible resolutions to the Microsoft case.
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