Question about antitrust behavior
Microsoft Monopoly--Why was Microsoft investigated for antitrust behavior? Was Microsoft trying to gain monopoly power in the computer software industry? Are monopolies always bad? Give at least one example of a case where having a monopoly may actually be a good thing.
Concepts to possibly include: Monopoly Market Structure, Characteristics of Pure Monopoly, Barriers to Entry into the market, Natural Monopoly, Government Monopoly, Downward Sloping Demand Curve, Economies of Scale, Monopoly Pricing, Price Maker, Market Power, Economic Profits, Imperfect Competition, Rent Seeking Behavior, X-inefficiency, Deadweight Loss to Society, Marginal Cost, Marginal Revenue, Antitrust, Bundling.