Anti-trust Action and Microsoft

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"Introduction
Most Americans have only a rudimentary understanding of monopolies, but they associate monopolies with "bad" companies. While it is true that monopolies can exercise a considerable amount of market power, it is also true that there are few true monopolies in the American economy; the threat of additional competition makes it difficult to sustain a monopoly for a long period of time. In recent years, the computer industry has been the target of several anti-trust actions by the government. The first of these concerned a hardware manufacturer, IBM, in which the manufacturer eventually prevailed, but only after a costly legal battle which spanned decades. Currently, Microsoft, a leading manufacturer of operating systems and applications for the microcomputer, finds itself battling anti-trust actions and facing a long legal battle ..."

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