81 Stuart J. Johnston, Microsoft Settles having Bit of Stac, Computerworld, June 27, 1994, at 30 (Microsoft paid $39.9 million for 155’o of Stac, and an additional $43 million over 43 months for a license to Stac’s data compression technology); Doug Barney, Microsoft, Stac Resolve Argument; Microsoft In the end Pays Upwards, InfoWorld, June 27, 1994, at 14.
83 As explained in Section V.C., infra, the superficially irrational behavior of undermining the application vendors that produce programs that run on Microsoft’s operating system is logical specifically because Microsoft has an independent economic incentive to monopolize the s.
85 Amy Cortese, Business Week, Dec. 19, 1994, supra, at 35 (HP, Compaq and other big U.S. PC makers plan to bundle Windows 95 into their machines).
86 Come across Lawrence J. Microsoft: Not so Marvelous, Bay Area Computer Currents, Dec. 1, 1994, at 98, 101 (Ex. 1); Carole Patton, Computerworld, Nov. 14, 1994, supra, at 57 (Ex. 8).
88 Don Clark, Microsoft to order Intuit During the Stock Pact, Wall St. J., Oct. 14, 1994, at A3 (86% of retail store sales); Karen Epper, App Contract Shakes Up Family Financial, Amer. Banker, Oct. 17, 1994, at 1, 25 (80-85%).
89 Michelle Flores, Wants Much more information, Seattle Times, Nov. 22, 1994, at B11; Michael Schrage, Microsoft Produces Lots of money; Does it Profile the management of It?, Washington Post, Oct. 21, 1994, at B3; Brent Schlender, Fortune, Jan. 16, 1995, supra, at 36.
91 Brent Schendler, Fortune, Jan. 16, 1995, supra, at 4748; come across together with, Michael I. Miller, PC Magazine, Jan. 24, 1995, supra, at 80 blackplanet (Ex. 25) (“Microsoft could require just a small service charge on each transaction. Or it could make money on the float — the interest in the few seconds it takes to move money from one place to another. Or both.”).
92 For example, leading industry analyst Rick Sherlund of Goldman Sachs predicted that with the settlement, Microsoft “should dominate the market for desktop software for the next 10 years.” And another leading analyst, Richard Shaffer concluded that “It]he operating system wars are over — Microsoft is the winner . Microsoft is the Standard Oil of its day.” Andrew Schulman, Microsoft’s Traction Toward Application Tightened up Of the Antitrust Package, Dr. Dobb’s Journal of Software Tools, Oct. 1994, at 143 (Ex. 13).
93 See John M. Goodman, New Dos Heavyweights Wade Other Round, InfoWorld, Aug. 29, 1994, at 87 (rating PC-DOS version 6.3 above MS-DOS version 6.22) and Earle Robinson, DOS-version Madness? Consolidation Living with Dos, Windows Sources, Oct. 1994, at 163 (“my choice would be the IBM . . . it’s cheaper”) and Yael Li-Ron, Desktop Dos six.3: Dos and you can Dos: Broke up In the Delivery, PC-Computing, bra computers ship with MS-DOS).
94 Don Clark Laurie Hays, Microsoft’s The newest Marketing Ideas Mark Problems, Wall St. J., Dec. 12, 1994, at B6 (Ex. 41).
96 All of these problems are discussed in Rory O’Connor, San Jose Mercury News, Nov. 13, 1994, supra, at 1A, 28A (Ex. 34).
99 Indeed, Microsoft’s operating system “lock-in” has permitted it to bring demonstrably inferior products to market (products that did not enjoy any appreciable consumer acceptance) without negative consequences to the company. See Michael Morris, Microsoft Price: A lack of, Too late, S.F. Examiner, July 24, 1994, at C-5. (Ex. 33)
100 Joseph Farrell, Huntsman K. Monroe and you can Garth Saloner, The latest Straight Business Regarding Industry and you may Systems Competition Instead of Role Race, October 1994 (doing work paper).
101 Come across, elizabeth.grams., supra, note 32. (Microsoft presently holds greater than 90% of the X86 operating system market share); Christopher O’Malley, Personal Computing, October 1986, supra, at 181, 183 (“Microsoft’s operating system” has “better than 95 percent” share of the X86 systems.)