Few issues in the high-technology field are as divisive as the raging debate over competition, innovation and antitrust. Why do certain products and technologies become dominant while others fail? Is there something about high technology that makes markets less dependable at choosing goods and services? Will the robust competition and tremendous technological advances of the past two decades continue? Or, will they be suffocated by larger firms employing monopolistic practices? Is antitrust primarily employed against monopolies to increase competition for the benefit of consumers, or is it actually a vehicle that firms use against their rivals to restrict the competitive process? Winners, Losers and Microsoft is the authoritative and in-depth book on these and other pressing questions now confronting high-technology markets.

Stan J. Liebowitz is professor of managerial economics and academic associate dean in the School of Management, University of Texas at Dallas, and research fellow at The Independent Institute, in Oakland, California Stephen E. Margolis is professor and head of the economics department in the College of Management at North Carolina State University, and a research fellow at The Independent Institute