2005 Instituto Juan de Mariana
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Competition and Monopoly

Home - Trade, Globalization and Development - Competition and Monopoly

2007/09/25 - Daniel Rodríguez Herrera

The EU Messing with Microsoft

The Court of First Instance of the European Union, after deliberating forseventeen months and, according to some, having the president cast the deciding vote, ruled in favor of the Commission in almost everything it decided regarding Microsoft’s "abuse of dominant position."

2007/07/24 - Gabriel Calzada

Bureaucrats and Ryanair

Ryanair, the low-cost airline that now leads the world in number of passengers carried, tried to expand its operations by making an all cash offer for Aer Lingus. But apparently what was OK for Europe's old and stagnant national carriers is not acceptable for a company that satisfies consumers with private funds and low prices. That is how Brussels works!

2007/07/16 - José Carlos Rodríguez

Bumper Cars

I was still a child when I discovered what competition was all about. During my hometown's festivals, only one ride interested me: bumper cars. There were two bumper car rides right next to each other. I remember walking up to one of them and buying six rides for 500 pesetas. When I saw that the man at the ticket booth had handed me seven or eight tickets, I told him he had given me too many.

2007/07/10 - Daniel Rodríguez Herrera

EU slaps Telefónica instead of CMT

They are certainly giving me plenty of work. Once again, Brussels has put me in the mood to defend Telefónica, something that makes any web surfer feel more than a little guilty. And it isn't just me. The Association of Internet Users, of which I am a member, got its start years ago as the "Platform for a Flat Rate," holding Internet connection strikes to try to force the monopoly to offer a fixed rate Internet plan. Well, the Association has also had to come out against Brussels and in favor of the dominant telephone company.

2006/04/23 - Gabriel Calzada

Bill Gates’ Crime

In 2004 the European Commission fined Microsoft €497 million and forced it to undertake a variety of business actions. To date, it is the largest penalty imposed on a company in Europe for “monopolistic practices”.

2006/04/16 - Gabriel Calzada

Keep Your Visa In A Safe Place

Neelie Kroes, European Commissioner for Competition, is determined to organize Europe’s market like her own garden. We all remember her smiling response to the media after a journalist found the report on Gas Natural’s takeover bid of Endesa in the trash: the report had been rejected.

2006/04/02 - Gabriel Calzada

Incompetent Europe

The European Commission is worried because after years of intervention against Microsoft, it is possible this company might still be able to compete. The Commission’s spokesman for competition reveled they fear the new operating system Windows Vista, “might include several elements that are now available separately.”

2006/03/25 - Jorge Valín

Microsoft And Globalization

Thomas J. DiLorenzo, professor of economics at Loyola College, wrote a well-known essay based on history titled “The Myth of Natural Monopoly” in which he concludes that in the free market monopolies as such do not exists. Therefore, they are always transitory, just like any other company. Only the state can create monopolies by law.

2005/12/06 - Gabriel Calzada

High Octane Interventionism

Anti-trust legislation in the United States appeared at the end of the 19 century, a time of relative economic freedom. It was an attempt by inefficient producers to use political power to stop their innovative competitors, which where gaining consumers’ confidence.

2005/03/27 - Gabriel Calzada

New Victims Of The European Social Model

The project was one of the few good things to come out of the interventionist and bureaucratic capital of Europe. Its essence was to break down barriers to providing any type of service in member states different from the country of origin or residence.
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