35 Prior to rumors of the acquisition, Intuit’s stock traded at 40 3/4. John Eckhouse, Large Microsoft Purchases Intuit to possess $1.5 Mil, San Francisco Chronicle, Oct. 14, 1994, at A1, A19. 336 Microsoft shares at the closing. Id. Based on Microsoft’s January 3, 1995 closing price of 60 3/16, each Intuit share receives over $80.
36 Come across Brian Livingston, Undocumented Windows Calls, InfoWorld, Nov. 16, 199″2, at 98 (Ex. 19); Doug Barney and Ilan Greenberg, ISVs Moisten Microsoft Furor to possess OLE, InfoWorld, July 18, 1994, at 1.
38 Microsoft made numerous demonstrations within the country you to definitely specifically get this to point and authored documents from these demonstrations has been offered to the new Justice Service.
39 For a more thorough discussion, see Miles B. Keyhoe, , HP Professional, Aug. 1994, at 40 (Ex. 17). Get a hold of in addition to Microsoft Corporation, Windows NT and you can Visitors-Server Computing, May 1993.
42 “Installed base” in the economic literature “means the number of owners of a good who may be dependent on the manufacturer of the good for the provision of complementary goods.” Joseph Katten, Business Stamina regarding the Visibility away from a fixed Foot, 62 Antitrust L.J. 1, 4 (1993).
43 Joseph Farrell and Garth Saloner, Hung Base and you will Being compatible: Creativity, Tool Pre-Announcements, and you will Predation, Amer. Econ. Rev., Dec. 1986, at 940; Janusz A. Ordover and Garth Saloner, Predation, Monopolization, and you can Antitrust, in Handbook of Commercial Organization 537, 565 (R. C. Schmalensee and R. Willis eds., 1989).
46 Discover, e.grams., Paul A. David, Clio therefore the Economics out-of QWERTY, Amer. Econ. Rev., May 1985, at 332; David A. Harvey, Change required – Now!, Byte, Oct. 1, 1991, at 119.
48 Joer. Econ. Rev., Dec. 1986, supra, at 942; Jean Tirole, The theory regarding Commercial Providers at 405, n.40 (1988)
Ergonomic Factors Have taken a backseat so you can Show, Causing a growing Tide off Computers-Associated Wounds
51 For the theoretical literature see, for example, the recent Symposium for the Community Externalities in the Journal of Economic Perspectives, Spring 1994, the Symposium for the Compatibility, edited by Richard Gilbert in the Journal of Industrial Economics, March 1992, and the survey by Paul David and Shane Greenstein in the Economics of Innovation and New Technology, 1990. For an application to telecommunications, see Stanley Besen https://datingranking.net/vanilla-umbrella-review/ and Garth Saloner, The newest Business economics off Interaction Standards, in Changing the principles: Technical Changes, Globally Competition, and you can Control into the-Interaction 177 (1989); for applications to broadcasting, see Stanley Besen and Leland Johnson, Compatibility Conditions, Race, and you can Creativity on the Broadcasting World (1986); for applications to ATMs, see Garth Saloner and Andrea Shepard, forthcoming in the Rand Journal of Economics, and Steven Salop, Deregulating Thinking-Regulated Common Atm Sites, Econ. of Innov. and New Tech., 1990; and for computers, see Garth Saloner, Econ. Innov. New Tech., 1990, supra.
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52 This “network effect” has been described by numerous authors. In a recent Symposium in the Journal of Economic Perspectives, Michael Katz and Carl Shapiro write, “Consequently, as has long been recognized, the demand for a network good is a function of both its price, and the expected size of the network.” See also Jeffrey Rohlfs, A theory regarding Interdependent Demand for a contact Solution, Bell J. of Econ., Spring 1974, for an early reference, as well as Michael Katz and Carl Shapiro, System Externalities, Battle, and Being compatible, Amer. Econ. Rev., er. Econ. Rev., Dec. 1986, supra: and other papers cited in Michael If, am and Carl Shapiro, Systems Race and System Consequences, J. of Econ. Perspectives, Spring 1994.
53 See Julio J. Rotemberg and Garth Saloner, Interfirm Competition and Collaboration, Strategic Options, 1991, for an example of the power of network size.
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