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Microsoft and the Browser Wars: Fit to be Tied - Cato Institute - cato

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The document is a policy analysis by Robert A. Levy discussing the implications of antitrust laws in the context of Microsoft's browser integration with its operating system during the 'browser wars' of the late 1990s. Levy argues that current antitrust laws are outdated and counterproductive, suggesting that tying arrangements should not be prohibited as they can foster innovation and competition. He critiques the U.S. Department of Justice's efforts to separate Microsoft's Internet Explorer from Windows, asserting that such government intervention could stifle technological advancement and consumer choice. The analysis emphasizes the dynamic nature of the software market and contends that market power, when derived from innovation, can lead to greater overall welfare.

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